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Sydney ‘Fortune Teller’ Charged Over Alleged A$70 Million Fraud

Authorities frame asset recovery as the next step in dismantling a sophisticated loan‑fraud network.

Overview

  • NSW Police arrested 53-year-old Anya Phan and a 25-year-old at a Dover Heights home, alleging Phan recruited members of Sydney’s Vietnamese community to take out loans she skimmed for profit.
  • Phan was charged with 39 offences, including directing a criminal group and multiple deception counts, and was refused bail to appear at Downing Centre Local Court on Thursday.
  • The 25-year-old was charged with several offences and granted conditional bail to appear in January, according to police.
  • Detectives seized financial records, electronics, luxury handbags, a 40‑gram gold bar worth about A$10,000, and roughly A$6,600 in casino chips during the search.
  • The NSW Crime Commission froze an additional A$15 million, lifting restrained assets linked to the case to about A$75 million, as Strike Force Myddleton’s wider probe traces alleged ‘ghost car’ financing, broader loan fraud, and earlier arrests including alleged ringleader Bing “Michael” Li and NAB manager Timotius Donny Sungkar.