Media network hit by alleged $8m fraud

 

Police in Sydney have arrested a 57-year-old man as part of an investigation into a multimillion-dollar fraud against a media network.

In a statement this morning, NSW Police said detectives began investigating the "misappropriation of funds totalling more than $8 million" by a former employee of the network - which has not been named - since March 2017.

"Following extensive investigations, Strike Force Hamment detectives arrested a 57-year-old man at a home at Breakfast Point just before 8am today," the statement read.

He has been taken to Burwood Police Station, where he will be charged.

Police will front the media at 12pm.

- more to come


Fly from $85: Virgin drops massive Qld sale

premium_icon Fly from $85: Virgin drops massive Qld sale

Aviation firm releases 500,000 sale fares

Concern for spike in cattle tick cases on North Coast

premium_icon Concern for spike in cattle tick cases on North Coast

NORTH Coast producers warned to keep an eye out for cattle tick as spike continues.

Liz Ellis wants to know what you think about netball

premium_icon Liz Ellis wants to know what you think about netball

THE former Australian netball captain and Northern Rivers resident will head a...