Today, detectives from the State Crime Command’s Financial and Cyber Crime Group have charged a 37-year-old Gold Coast man for money laundering and financial crime offences following the closure of a complex investigation into an alleged investment scam.
An arrest warrant is currently being sought for a 62-year-old man, formerly of the Gold Coast in relation to the same investigation.
Detectives will allege the 37-year-old man and 62-year-old man claimed to be owners of a graphene battery technology and in May 2016, dishonestly advertised investment opportunities to an ASX-listed company based in Brisbane that subsequently entered into a failed joint venture with the offenders.
Operation Prefix commenced in January 2019 after police received a complaint about the credibility of the joint venture.
It will be alleged that following dishonest disclosures by the offenders, the former board of the investor company paid $566,450 and issued 30000000 shares to enter a joint venture with the offenders
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