GC man charged over involvement in cold call investment fraud

A man has been charged and his luxury car has been seized following investigations into a cold call investment fraud operation on the Gold Coast.

The 28-year-old was arrested after detectives from the Fraud and Cyber Crime Group executed a search warrant at a home in Mermaid Waters this morning.

Police say it’s alleged the man was the operations manager of the cold call investment fraud firm (predictive sports betting).


He has since been charged with five counts of Fraud and one count of possess tainted property.

He is due to appear in Southport Magistrates Court on August 16.