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).
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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.