Police bust alleged $2m online gambling scam, Sydney man to face court

A man will face court on Wednesday charged with ripping off $2m in an online gambling scam.

Police suspect 14 people have lost a combined $2m in a gambling scam, allegedly orchestrated by a Sydney man.

The man, aged in his 20s, will face court on Wednesday.

In a statement, police say the alleged offending “related to an online gambling company”.

Officers began investigating reports of an alleged scam in August 2023.

Police were investigating the alleged scam for almost two years. Picture: NewsWire / Gaye Gerard

“Police have been told that 14 victims had lost in excess of $2m in an online gambling scam,” a spokesman said.

A 23-man was arrested at Bankstown Police Station on Tuesday.

He faces 14 charges, including dishonestly obtain financial advantage by deception, making a false document to obtain financial advantage and demanding with menace/intent to obtain advantage.

The man is expected to appear in the Bankstown Local Court on Wednesday.

Originally published as Police bust alleged $2m online gambling scam, Sydney man to face court