Man arrested, charged with money laundering, fraud, NSW

A man has been arrested and charged with money laundering and fraud following an investigation into the identity theft of bank customers, NSW Police say.

In January 2017, detectives from the State Crime Command’s Fraud and Cybercrime Squad established Strike Force Steinwedel II to investigate the identity theft of numerous bank clients, resulting in illegally acquiring almost $400,000.

The strike force identified a 33-year-old man as a suspect and he was arrested yesterday in Fairfield.

He was charged with money laundering with intent to conceal and 12 counts of fraud.

He is due to appear in Fairfield Local Court today.

Police are urging anyone with information in relation to this incident to call Crime Stoppers.

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