Former OMCG member to face $1 million bank fraud offence - 20 January 2016
This is a joint CCC/QPS media release.
A joint Crime and Corruption Commission (CCC) and Queensland Police Service investigation has led to a 29-year-old Sunnybank Hills man facing one count of fraud for allegedly dishonestly obtaining a $1 million loan from a financial institution.
This is the final arrest resulting from Operation Juliet Wave, a joint CCC and QPS investigation that dismantled a major organised crime network consisting of former OMCG members and associates of the Centro Chapter of the Bandidos. Throughout Operation Juliet Wave, 66 people have now been charged with 471 offences, including 13 individuals with the serious offence of drug trafficking. (More information on Operation Juliet Wave)
It will be alleged that the 29-year-old man, who is a former member of the Bandidos OMCG Centro Chapter, allegedly obtained a loan of $1 million for the purpose of funding the construction of townhouses and refinancing another mortgage.
Following an extensive investigation by the CCC’s financial and organised crime investigators and QPS Taskforce Maxima, it will be alleged that pre-sale contracts for the townhouses were fraudulently completed and other records submitted to support the loan application including financial documents were also fraudulent.
The 29-year-old man is expected to appear in the Brisbane Magistrates Court today to face one charge of fraud contrary to section 408C(1)(b) and (2)(b) of the Queensland Criminal Code.
As this matter is now before the court, the CCC and QPS are unable to comment further.