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Sydney police seized $38M in assets from fraudsters who used stolen identities to secure loans.
Sydney police have seized $38 million in assets, including luxury cars and cash, from two alleged ringleaders of a fraud syndicate.
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.
Authorities have also seized luxury vehicles like Bentleys and a Ferrari, along with cash and other high-value goods.
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La policía de Sydney incautó $38 millones en activos de estafadores que usaron identidades robadas para obtener préstamos.