Money

Gold Coast man arrested over major ‘Cold Call Investment Fraud’ syndicate

A former Gold Coast man has been charged with a string of offences relating to his alleged involvement in a major ‘Cold Call Investment Fraud’ syndicate that was operating on the Gold Coast.

The 74-year-old was arrested on Tuesday morning after detectives raided a Clayfield home and the office of a Gold Coast law firm.

Police allege the man obtained about $950,000 during the enterprise, with majority of the money spent on a 70-foot luxury motor yacht.

“We allege the victim’s money was fraudulently appropriated by the defendant including to fund the $750,000 purchase of the vessel”, Detective Senior Sergeant Jason Gough, Organised Crime Gangs Group said.

A BMW convertible was also seized during this morning’s arrest.

Five other people have previously been charged in connection with the syndicate, which allegedly scammed Australians out of an estimated $3 million.

The man is expected to appear in the Brisbane Magistrates Court later today on fraud, money laundering and perjury-related charges.

Money

Gold Coast tradie says ‘no more overtime’ after Gold Lotto win!

A hardworking Gold Coast tradie has declared he won’t be working overtime or on weekends anymore after winning division one in Saturday’s Gold Lotto draw.

The Runaway Bay man was one of 13 division one winners nationally who each took home a prize of $329,266.60.

The man’s System 8 marked entry also saw him win other divisional prizes, taking his total windfall to a whopping $340,784.65!

The win continues the Gold Coast’s amazing winning streak, with it being the fifteenth division one win for the region so far this year.

“It’s unbelievable!  Friggin’ unreal!” the man exclaimed when his win was confirmed.

“I know it’s real but I just don’t know what to think!

“I work pretty hard so it’s very welcomed. I won’t be working weekends anymore – I know that.  I won’t be working any overtime at all ever again!”

The happy man explained that while he marked his winning System 8 entry, he didn’t use special numbers and was “just winging it when I did it”.

He realised he had won yesterday while checking his ticket at home, and has already decided how he is going to spend his Gold Lotto windfall.

“I’m going to buy a boat that’s for sure!” he laughed.

“Then I’m probably going to have to buy a house – that would be the smart thing to do!”

The man, who wishes to remain anonymous, purchased his System 8 marked entry from Broadbeach Oasis News at the Oasis Shopping Centre in Broadbeach.

This private tropical island could be yours for less than half a million dollars!

A PRIVATE tropical island complete with its very own sandy beaches has hit the market in Queensland and it can be all yours for almost a quarter of the price of a waterfront home on the Gold Coast.

Wedge Island is located roughly five kilometres offshore of Emu Park on the sunshine state’s Capricorn Coast.

The owners first placed the 23-acre property on the market for $850,000 12 months ago. That price, however, has since been slashed to less than half a million dollars.

The exclusive island property has been reduced to just $495,000 in the hope it’ll fetch a quick sale.

That’s more than $1 million cheaper than the median house price in the beachside Gold Coast suburb of Main Beach.

Or, around the same price of a standard 3-4 bedroom home in the outer insland suburb of Upper Coomera.

Wedge Island PHOTO: australianislands.com.au

One of the many beaches on Wedge Island PHOTO: australianislands.com.au

Wedge Island PHOTO: australianislands.com.au

 

Australian Islands Agent Richard Vanhoff said the owners, a group of young, single mates used the property as a “party island” for many years, but have since grown up and moved on.

The island features all weather mooring, 15,000L rainwater tanks, a bio-toilet, gas hot water, a 15kva generator and a TYM tractor with a mower and 4-in-1 bucket.

Mr Vanhoff said, with council permission, the new owners could build their dream getaway home on the island.

For more information or to inquire, click here.

Man killed in Gold Coast crash was on his way to work, police say

A MAN has been killed in a horror crash on his way to work on the Gold Coast.

The accident happened on Tallebudgera Creek Road at Tallebudgera on Thursday morning.

Police say the 51-year-old was riding his motorcycle to work when he crashed into a culvert near Gibsonville St.

It’s believed the crash occurred around 6.30am but the wreckage wasn’t found until around five hours later.

Police weren’t called to the scene until around 11.20am when a passerby spotted the wreckage.

The 51-year-old male rider was found deceased at the scene.

The Forensic Crash Unit is investigating and is appealing for anyone who travelled through the area with a dash camera this morning to come forward.

Anyone with any information that could assist with their investigation is urged to contact Crime Stoppers on 1800 333 000.