The NSW Police has arrested its 32nd suspect in an ongoing investigation into a major hacking and identity fraud ring headquartered in Australia, which utilised the Liberty Reserve online anonymous payments system to launder funds.
Two weeks after announcing its 28th arrest in the case, the NSW Police today revealed a another 28 year old man had been arrested at his residence in Carnes Hill before being charged with three counts of dealing in the proceeds of crime yesterday.
NSW Police detectives allege the man used false documentation to access a bank account not belonging to him in April 2013, from which he later transferred $98,000 into his own bank account.
He also faces charges relating to being an accessory to attempted fraud, using false documents, and participating in a criminal group.
The man was granted conditional bail and was ordered to appear before Liverpool Local Court on November 12.
NSW Police detectives last year began investigating fraud offences after discovering a number of electronic devices during the search of a property in Sydney's The Rocks.
The resulting 'Strike Force Kaye' investigation uncovered what police allege is a hacking, identity crime and fraud syndicate which used the former Costa Rica-based Liberty Reserve anonymous payments system to launder its proceeds.
Liberty Reserve was shut down by the US government last year over its facilitation of online organised crime.
More than 336 charges relating to fraud, cybercrime and identity crime offences have been laid by NSW Police detectives as part of 'Strike Force Kaye' since the investigation began.
