Man Charged in Portarlington for $800K Investment Scams

Port Phillip Crime Investigation Unit detectives have charged a man after allegedly stealing more than $800,000 from victims via online scams across Victoria.

It's alleged the victims visited fake websites purporting to be legitimate financial institutions offering investment opportunities between June and September 2022.

Today, detectives executed a warrant at a home on Arlington Street, Portarlington in relation to the investigation.

A 63-year-old man was arrested and charged with five counts of obtaining property by deception and five counts of property suspected of being proceeds of crime.

The Portarlington man has been bailed to appear at the Melbourne Magistrate's Court on 25 September.

Anyone with any information is urged to contact Crime Stoppers on 1800 333 000 or submit a confidential crime report at www.crimestoppersvic.com.au

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