Breaking·Source-based summary

Sydney crime syndicate allegedly defraudedbanks of up to $600m

NSW police say one of Australia's largest fraud syndicates has fleeced banks of up to $600 million in fraudulent loans in what one investigator described as the largest financial crime he has seen.

This is a source-based summary, not original reporting by Ebenezer journalists. Source: ABC News Australia · Original byline: Else Kennedy. Ebenezer published 10 Sept 2026, 06:31 am. Editorial policy.

Australia — Else Kennedy