<div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>A </span><a href="https://www.9news.com.au/sydney" rel="" target="_blank" title="Sydney"><span>Sydney</span></a><span> solicitor has been charged after allegedly helping facilitate a scheme where properties worth $25 million were fraudulently purchased.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/police" rel="" target="_blank" title="Police"><span>Police</span></a><span> also allege he laundered millions of dollars on behalf of a criminal syndicate that is accused of using stolen information to apply for loans through financial institutions to purchase "ghost cars" that did not exist.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The syndicate also allegedly orchestrated large-scale personal, business and home loan fraud.</span></div></div><div><div id="adspot-mobile-medium"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Police investigations led to an early morning raid by Raptor squad on a home in Punchbowl, where a 32-year-old man was arrested.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>The man, a director and principal of a law firm, was charged with six counts of dishonestly obtaining financial advantage by deception, five counts of knowingly dealing with proceeds of crime, and participating in a criminal group that commits criminal activity.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>He was refused bail to appear in Bankstown Local Court today.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>A second search warrant was also executed at an office in Sydney's CBD.</span></div></div><div><div class="OUTBRAIN" data-reactroot="" data-src="//www.9news.com.au/national/sydney-crime-solicitor-charged-alleged-role-25-million-fraud/30aa7d6e-ea6b-4ead-97ff-754aa6fabf2e" data-widget-id="AR_5"></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>Police said investigations were ongoing, with multiple persons of interest already being charged.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"To date, we've charged mules, facilitators and financial professionals – including bankers – who played a role in enabling this criminal network," said Detective Superintendent Gordon Arbinja, the commander of the Financial Crimes Squad.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><span>"This arrest is the first professional facilitator in a legal capacity charged under this strike force, and it sends a clear message that no role or qualification places anyone above the law."</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><a href="https://www.9news.com.au/nsw-police" rel="" target="_blank" title="NSW Police"><span>NSW Police</span></a><span> say 24 people have been charged and remain before the courts, with the NSW Crime Commission having restrained $95 million in assets.</span></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><em><strong><span>NEVER MISS A STORY:</span></strong></em><span> </span><em><span>Get your breaking news and exclusive stories first by following us across all platforms.</span></em></div></div><div class="block-content"><div class="styles__Container-sc-1ylecsg-0 goULFa"><ul><li><p><em><strong><span>Download the 9NEWS App here via</span></strong></em><span> </span><a href="https://apps.apple.com/au/app/9news/id1010533727"><em><strong><span>Apple</span></strong></em></a><span> </span><em><strong><span>and</span></strong></em><span> </span><a href="https://play.google.com/store/apps/details?id=nineNewsAlerts.nine.com&amp;hl=en_AU&amp;pli=1"><em><strong><span>Google Play</span></strong></em></a></p></li><li><p><em><strong><span>Make 9News your preferred source on Google by</span></strong></em><span> </span><a href="https://9.nine.com.au/8x987w"><em><strong><span>ticking this box here</span></strong></em></a></p></li><li><p><em><strong><span>Sign up to</span></strong></em><span> </span><a href="https://login.nine.com.au/edm?client_id=nineatnine"><em><strong><span>our breaking newsletter here</span></strong></em></a></p></li></ul></div></div>