About 300 people have fallen victim to an alleged cold-calling investment scam run out of the Gold Coast. Victims were defrauded of a combined $3 million-plus in the alleged fraud, according to Queensland police.
Five people arrested over alleged Gold Coast investment scam. “Apart from the financial detriment suffered by victims, it was also identified there had been significant harm caused to victims, including loss of livelihoods and impacts on their personal health and relationships,” said detective inspector Kerry Lofdahl, from the financial crime unit. Five people have been charged over what police described as a “share trading software” scheme.
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