Detectives from the Financial Crime Squad have today charged a man as part of an investigation into alleged deceptions involving high-end cars totalling almost $1.1M.
Investigators will allege a 48-year-old Essendon man fraudulently purchased eight high end cars from online car resale websites between November 2023 and October 2025.
The vehicles include a Lamborghini, Audi, Porsche, Range Rover, Mini Cooper, Bentley and two BMWs, worth a total of $1,091,000.
Three search warrants were executed this morning at residential addresses in Essendon and Niddrie, as well as a business premises on Mount Alexander Road in Essendon.
A 48-year-old Essendon man was charged with nine counts of obtain property by deception and possess drug of dependence (cocaine).
He will appear at Melbourne Magistrates' Court today.
Phones, laptops, desktop computers, number plates and paperwork linked to the alleged offending were seized from the addresses.
Six of the eight vehicles have been recovered and returned to the victims thus far.
The investigation remains ongoing.
Anyone with further information is urged to contact Crime Stoppers on 1800 333 000 or submit an online confidential report at www.crimestoppersvic.com.au
