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Sydney ‘Fortune Teller’ and Aide Charged in A$70 Million Loan-Fraud Probe

Police say the arrests flow from Strike Force Myddleton’s expanding investigation into a syndicate uncovered through ‘ghost car’ scams.

Overview

  • Detectives raided a Dover Heights mansion, arresting 53-year-old Anya Phan and 25-year-old Thi Ta and seizing documents, electronics and luxury goods.
  • Items seized included a 40-gram gold bar and about A$6,600 in casino chips, with the NSW Crime Commission freezing a further A$15 million in assets to about A$75 million total restrained.
  • Phan faces 39 charges including directing a criminal group and multiple deception counts and was refused bail; Ta faces fraud and proceeds-of-crime charges and was granted conditional bail to appear in January.
  • Police allege Phan exploited trust within Sydney’s Vietnamese community by convincing people to take out loans on the promise of a future “billionaire,” then taking a cut.
  • The arrests sit within a wider probe into the alleged Penthouse Syndicate and professional facilitators, with 17 people previously charged and inquiries continuing into bank links.