Detectives from the Serious and Organised Financial Crime Investigation Section have today arrested a Rosewater man following a series of online romance scams.
Police arrested the 25-year-old man this morning at his home address.
It will be alleged the offending involved elderly victims from several states and involved funds in excess of $150,000.
Police investigations are continuing.
The arrested man has been charged with 28 counts of money laundering, he has been refused police bail and expected to appear in Port Adelaide Magistrates Court on Monday 2 March.