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flag Sydney police seized $38M in assets from fraudsters who used stolen identities to secure loans.

flag Sydney police have seized $38 million in assets, including luxury cars and cash, from two alleged ringleaders of a fraud syndicate. flag The pair, along with six others, are charged with over 190 offenses for using stolen identities to secure loans for nonexistent luxury cars, which later expanded to business and home loans. flag Authorities have also seized luxury vehicles like Bentleys and a Ferrari, along with cash and other high-value goods.

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