Pair charged over bogus investment scheme

QUEENSLAND'S corruption watchdog has charged a Gold Coast man and woman with money laundering and fraud as part of an investigation targeting bogus investment schemes.

The Crime and Corruption Commission will allege the pair's financial management of a company Tropical Point Pty Ltd cost investors about $700,000 in 2011.

The pair are the first people charged as part of the CCC's Operation Lima Violin II, which commenced in June 2014 to crack down on allegedly fraudulent cold-call investment companies on the Gold Coast.

The body will allege a 32-year-old Upper Coomera woman and a 35-year-old Helensvale man were involved in the financial management of Tropical Point Pty Ltd between February 2011 and June 2011.

The investigation revealed investors in the company collectively lost $700,000.

Read more at Brisbane Times

Topics:  charges

Stay Connected

Update your news preferences and get the latest news delivered to your inbox.

Circa's new performance is a Peepshow

SHOW: Peepshow will premiere on the Northern Rivers.

The new production will have a Northern Rivers world premiere

Be the first to see controversial animated children's film

FURRY FRIENDS: Mopsy (Elizabeth Debicki), Flopsy (Margot Robbie), Benjamin, Bea (Rose Byrne), Peter Rabbit (James Corden) and Cottontail (Daisy Ridley) in Columbia Pictures' PETER RABBIT.

Advanced screening of Peter Rabbit in Lismore this weekend

Rosanna has designs on female taboo

Artist Rosanna Pimm uses 3500 porcelain tampons to created her large scale performance installation  Riots of Passage in The Quad  as part of The Lismore Women's Festival on International Women's Day. Laying down and de-constructing the mandala structure symbolises the impermanence of the menstrual cycle and an end to female inequality in the world.

Rosanna has designs on female taboo

Local Partners