Sydney man charged over $1.8m super fraud

(Australian Associated Press)

A Sydney man is due to face court charged with stealing $1.8 million in a fraudulent superannuation scheme.

Police arrested the 47-year-old in Bondi on Tuesday after a six-month investigation into fraudulent activities which began in December 2016.

The man was charged with 31 offences including knowingly dealing with the proceeds of crime.

He was refused bail and will appear at Waverley Local Court on Wednesday.

Strike Force Garigal detectives say the investigation is ongoing and have urged anyone with information to contact them.

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