Man arrested over alleged role in $91k puppy scam - Sydney
Tuesday, 25 May 2021 12:03:37 PM
Detectives have arrested a man in Sydney this morning over his alleged role in scamming more than $91,000 from would-be dog owners before laundering the money through cryptocurrency, as part of a multinational crime syndicate.
In May 2021, detectives from Cumberland and Parramatta Police Area Commands began investigating reports of fraudulent online advertisements for mostly English Staffordshire Bull Terriers and French Bulldog puppies.
Police will allege a multinational crime syndicate was behind the ads and defrauded at least 23 buyers across Victoria, NSW, South Australia, Queensland and Tasmania.
The buyers paid deposits for dogs that never existed before the fake breeders cut contact with them.
The Sydney man allegedly acted as a money mule for the syndicate, receiving a total of $91,580 in deposits from the buyers into his bank accounts before allegedly converting the money into cryptocurrency.
Following extensive investigations, about 8.45am today (Tuesday 25 May 2021), detectives executed a search warrant at a unit on George Street, Sydney, and seized electronic devices and documents.
Police arrested the 53-year-old man at the unit before taking him to Day Street Police Station.