Logan man charged over alleged $460k bank loan fraud scheme

A 31-year-old man is facing 140 charges over an alleged fraud scheme in which he is accused of impersonating multiple people, living and dead.

A Logan man has been charged over an alleged scheme to fraudulently obtain almost $460,000 across a two year period at Gympie and the Gold Coast. Picture: Istock

A Logan man has been charged over an alleged scheme to fraudulently obtain almost $460,000 across a two-year period at Gympie and on the Gold Coast.

Police said Thursday the 31-year-old had been arrested at a Berrinba home on Wednesday following investigations by the Gympie and Logan Criminal Investigation Branches.

They allege the man fraudulently obtained, and tried to obtain, hundreds of thousands of dollars by impersonating people to secure loans,and create bank accounts in their names, from a number of financial institutions.

These were allegedly carried out in 2019 and 2020.

Police have alleged he fraudulently obtained about $78,000 through his actions.

$7.2 billion Bruce Highway fix priority questioned

Child, 3, bitten by dingo in school holiday attack on K’gari beach

A Logan man has been charged over an alleged scheme to fraudulently obtain almost $460,000 across a two-year period at Gympie and the Gold Coast. Picture: Istock

He further allegedly attempted to obtain another $380,000 “causing significant financial harm to the victims”.

The man has been charged with 140 offences including fraud, attempted fraud, money laundering, and falsely represent themselves to be a people either living, dead, real, or fictitious.

He is due to appear in the Gympie Magistrates Court on March 3, 2025.

Originally published as Logan man charged over alleged $460k bank loan fraud scheme