The former boss of Surf Life Saving New South Wales has been arrested after allegedly defrauding $2.7 million from the charity organisation over ten years.
It’s understood detectives from the State Crime Command’s Financial Crimes Squad and Northern Beaches Police Area Command began investigating in March 2017.
It comes after they received reports of a “misappropriation of funds by a former senior employee of Surf Life Saving NSW”.
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Following lengthy investigations, strike force detectives arrested a 50-year-old man at Wollongong Police Station just after 9am today.
He’s expected to formally be charged with with up to 50 fraud offences this afternoon.
Surf Life Saving NSW has since released a statement, welcoming the arrest.
“SLSNSW welcomes the charges laid today against the former senior manager, after cooperating with the NSW Police for the last three years with their investigations,” they said.
“SLSNSW is awaiting the outcome of criminal proceedings involving a former senior member of staff who is alleged to have fraudulently obtained a large sum of money from the organisation before resigning in July 2016.
“Over the course of the investigation SLSNSW has kept members and stakeholders fully informed and we thank our members, partners and the community for their ongoing support during this difficult period.”