Man charged over alleged bogus property investment scheme

  • 📰 abcnews
  • ⏱ Reading Time:
  • 15 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 9%
  • Publisher: 83%

South Africa News News

South Africa South Africa Latest News,South Africa South Africa Headlines

A 54-year-old man from the Gold Coast is charged with fraud over an alleged global investment scam worth almost $12 million.

A Gold Coast man who allegedly ran a global investment scam worth almost $12 million has been charged with 25 fraud offences.

Mr Gray has appeared in the Brisbane Magistrates Court on 25 counts of fraud and did not apply for bail. Mr Gray's alleged victims trusted his legal and financial advice, handing over hundreds of thousands of dollars in what they thought was a sound property investment scheme.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

That old advice still holds - if it sounds too good to be true, it is

Was he a Bankster .... If not set my people free !!

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in ZA

South Africa South Africa Latest News, South Africa South Africa Headlines