<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>A man will face court after he was charged in connection with an alleged multi-million dollar fraud and money laundering syndicate in </span><a href="https://www.9news.com.au/sydney" rel="" target="_blank" title="Sydney"><span>Sydney</span></a><span>.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>In January last year, detectives began investigating a syndicate believed to be targeting Sydney automotive financing companies.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Investigators allege the syndicate was using stolen personal information to apply for loans through various financial companies to purchase luxury "ghost cars" that did not exist. </span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><strong><span>READ MORE:</span></strong><span> </span><a href="https://www.9news.com.au/national/accused-nazi-saluter-professes-love-for-australia/3526fcd1-a63d-44b4-8346-758dc1226b24" rel="" target="_blank" title=""><strong><span>'I love Australia': Accused Nazi saluter faces court</span></strong></a><strong><span></span></strong></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>It's further alleged the syndicate also engaged in "large-scale personal, business and home loan fraud against multiple financial institutions", police say.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Fourteen people have previously been charged under Strike Force Myddleton and remain before the courts, with the NSW Crime Commission having restrained $60 million in assets.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Following further investigations, about 6.30am yesterday, police executed a search warrant in Wakeley, western Sydney.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/sydney-man-charged-alleged-multi-million-dollar-fraud-scheme/3b226710-09c4-4e8b-9d6a-177adcc1869e" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>A 33-year-old man was arrested at the scene and charged in connection to an alleged $7.3 million fraud, along with other offences.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He was bailed and will attend court on December 16.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/national/how-to-follow-9news-digital/29855bb1-ad3d-4c38-bc25-3cb52af1216f" target="_blank"><strong><em><span>DOWNLOAD THE 9NEWS APP</span></em></strong></a><strong><em><span>: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the</span></em></strong><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727" target="_blank"><strong><em><span>Apple App Store</span></em></strong></a><span> </span><strong><em><span>and</span></em></strong><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1" target="_blank"><strong><em><span>Google Play</span></em></strong></a><strong><em><span>.</span></em></strong></div></div>