Man charged over $1.5m Wagyu fraud

Police want to hear from anyone with information on this scam.

Detectives from the State Crime Command’s Rockhampton Major and Organised Crime Squad (Rural) have charged a man following a “protracted fraud investigation” in relation to the sale of cattle in Queensland.
A police media statement issued today, Monday 26 February, says that last year an advertisement (pictured) was placed by a company in a rural newspaper to purchase cattle for processing export meat.
“As a result, three cattle properties contacted the company in April, May and June 2017 where they entered into contracts to supply Wagyu and Wagyu cross cattle,” the statement says.
“It will then be alleged the companies did not receive full payment for the sales agreed upon after supplying the cattle.
“Police are encouraging anyone who may have responded to the pictured advertisement to contact police.
“A 65-year-old Evans Head (NSW) man has been charged with two counts of fraud in excess of $1.5 million.
He is expected to next appear at the Brisbane Magistrates Court on Monday 7 May.
• Got information on this major fraud? Call Policelink on 131 444 or report it anonymously to Crime Stoppers 24 hours a day on 1800 333 000.

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