Harbourside Local Area Command
Police Charge Man In Crackdown On Mail Theft And Organised Loan Fraud
Police investigating the organised theft of mail as part of a wider identity fraud and loan scam have arrested and charged a Chinese national.
Officers from the Harbourside Local Area Command and the Corporate Security section of Australia Post established Operation Gulliver to investigate the use of stolen mail to carry out loan fraud.
On 23 December, 2009, Operation Gulliver investigators arrested a 29-year-old man at an address in Crows Nest.
He was taken to the North Sydney Police Station and charged with eight counts of laundering more than $500,000.
Police allege he is part of a larger syndicate which has allegedly been using cheques stolen from private letterboxes to create false bank accounts and in turn, take out fraudulent loans.
The man was refused bail in the Parramatta Local Court on 24 December, 2009, and ordered to appear in Central Local Court on Wednesday 13 January.
Police have also issued an arrest warrant for another Chinese national, 24-year-old Peng Zhang.
The warrant relates to alleged dealing in the proceeds of crime.
Anyone with information about mail theft or the whereabouts of Peng Zhang is urged to contact their local Police Station or Crime Stoppers on 1800 333 000.