BREAKING: A 37-year-old woman has been arrested in Sydney for her alleged involvement in a sophisticated fraud and money laundering operation that has cost financial institutions over $4 million. The woman was apprehended at a CBD apartment at 6:50 AM on Wednesday, where police seized luxury vehicles, bags, and clothing valued at more than $1.4 million, including a Maserati Grecale, a Lamborghini Urus, and a Ferrari F171.
Authorities confirmed that the woman faces 12 charges including obtaining financial advantage by deception, dealing with the proceeds of crime, and creating fake documents. The crackdown is part of the ongoing Strike Force Myddleton investigation, which began in January 2022 and targets a criminal syndicate that has been exploiting stolen personal information to acquire luxury “ghost cars”—vehicles that do not actually exist.
Detectives allege this syndicate has executed large-scale fraud operations against multiple financial institutions, impacting personal, business, and home loans. A police spokesperson revealed that the NSW Crime Commission has frozen assets totaling $53 million as part of the investigation. To date, 11 individuals have been charged under this strike force, with cases currently before the courts.
Financial Crimes Squad commander Gordon Arbinja stated, “Strike Force Myddleton has disrupted a highly organised criminal enterprise operating across multiple financial sectors. We are now focusing on professional facilitators we believe are enabling this syndicate’s operations—particularly those in accounting and financial services.”
The arrested woman has been denied bail and is scheduled to appear in the Bail Division Court on Thursday. Police emphasize the urgency of this investigation, as efforts continue to dismantle the network of criminals behind this elaborate scheme.
Stay tuned for further updates as this situation develops. Share this news to keep others informed about the unfolding events in Sydney’s financial crime landscape.
