Media network hit by alleged $8m fraud

 

Police in Sydney have arrested a 57-year-old man as part of an investigation into a multimillion-dollar fraud against a media network.

In a statement this morning, NSW Police said detectives began investigating the "misappropriation of funds totalling more than $8 million" by a former employee of the network - which has not been named - since March 2017.

"Following extensive investigations, Strike Force Hamment detectives arrested a 57-year-old man at a home at Breakfast Point just before 8am today," the statement read.

He has been taken to Burwood Police Station, where he will be charged.

Police will front the media at 12pm.

- more to come


Major investor details plan for $80m Lockyer cannery project

Premium Content Major investor details plan for $80m Lockyer cannery project

THE proposed $80 million development would not only provide a massive jobs boost...

Crossbow, unregistered gun found in 20yo’s cupboard

Premium Content Crossbow, unregistered gun found in 20yo’s cupboard

IN a bucket, police found about 38 rounds for a .22 calibre gun, belonging to a...

Farmland gutted, truck smashed in alleged illegal fire

Premium Content Farmland gutted, truck smashed in alleged illegal fire

A man has been charged after a fire devastated 50 hectares of Somerset farmland.