The Crime and Corruption Commission (CCC) has issued two arrest warrants resulting from the joint CCC - Queensland Police Service taskforce and its investigation known as Operation Lima Violin II.
The joint taskforce commenced Operation Lima Violin II in July 2014. The focus of the investigation was on serious organised investment fraud and money laundering offences that were allegedly related to cold call investment frauds or boiler room frauds that had occurred in the past on the Gold Coast.
An arrest warrant has been issued for a 51-year-old man who is currently overseas in the Philippines. The warrant relates to charges of aggravated fraud and money laundering. It is expected the warrant will be served on the 51-year-old man upon his return to Australia. This is standard law enforcement practice.
The second arrest warrant was issued for a 27-year-old man of no fixed address. The warrant relates to one charge of aggravated fraud. This man is currently in Australia.
As the investigation remains ongoing, it is not appropriate for the CCC or the QPS to comment further.
ENDS
