Burpengary company director charged after defrauding investors out of $1.3 million
May 26, 2016
The Queensland Police Service’s Fraud and Cyber Crime Group have charged a Burpengary man with fraud after he dishonestly induced his victims to deliver money to a company.
Fraud Squad Detectives will alleged the man was one of two directors of the Sydney and North Brisbane based company.
Detectives will allege between 2010 and 2011, the victims invested $1,312,850.00 into the company, believing they were purchasing retired council buses which had been converted to mobile homes.
There are nine victims in total one of whom is a 47-year-old man from Western Australia who invested $306,900.00 into the company. Another 72-year-old man from NSW invested $264,596.00, his life savings to see him through his retirement.
The matter came to light when a number of complaints were received by the Fraud and Cyber Crime Group, State Crime Command.
A 43-year-old Burpengary man has been charged with one count of fraud is to appear at the Brisbane Magistrates Court on June 29.
Detective Acting Superintendent Terry Lawrence of the Fraud and Cyber Crime Group said ‘It is disappointing people’s lives are disrupted by acts such as this. Dishonesty of this nature erodes our trust in each other. I ask members of the community to continue to challenge the validity of offered investments and report your concerns of illegal activity to police’.
Police are seeking public assistance to locate a woman missing from Urangan.23-year-old Nikki Speedy was last seen in the Urangan around 4 weeks ago but hasn’t been seen since.
Police hold concerns for her welfare as she suffers from a medical condition and doesn’t have medication with her.
She is described as being around 145cms tall with a slim build and long brown hair.
It is believed she may be in the Brisbane area, and police are urging anyone that may have seen her to contact them.
Anyone with information which could assist with this matter should contact Crime Stoppers anonymously via 1800 333 000 or crimestoppers.com.au 24hrs a day.