Detectives from State Crime Command's Financial Crimes Squad have charged a twelfth person allegedly involved in a highly sophisticated fraud and money laundering syndicate operating across Sydney.
In January 2024, detectives attached to the Financial Crimes Squad and the NSW Crime Commission launched an investigation into a criminal syndicate targeting Sydney automotive financing companies under Strike Force Myddleton.
The investigation initially uncovered the syndicate was allegedly using stolen personal information to apply for loans through various financial companies to purchase luxury 'ghost cars' that did not exist.
Eleven people have previously been charged under the strike force and remain before the courts, with the NSW Crime Commission having restrained $53 million in assets.
Ongoing investigations revealed the syndicate's operations extended well beyond car financing fraud to large-scale personal, business and home loan fraud against multiple financial institutions.
Following further investigations, on Monday 25 August 2025, police arrested a 35-year-old woman at Gladesville Police Station.
She was charged with three counts of dishonestly obtain financial advantage etc by deception, two counts of knowingly deal with proceeds of crime intent to conceal and eight counts of use false document to obtain financial advantage etc relating to $3.2 million in mortgage and business loan fraud.
Police also searched and seized a Mercedes Benz believed to be the proceeds of crime.
The woman was granted conditional bail to appear in Burwood Local Court on Monday 13 October 2025.
Anyone with information that may assist investigations into organised criminal activity is urged to contact Crime Stoppers: 1800 333 000 or https://nsw.crimestoppers.com.au. Information is managed on a confidential basis. The public is reminded not to report information via NSW Police social media pages.
