Police have charged a 33-year-old man with fraud following an alleged fake gold bullion scam on the Sunshine Coast over the last two months.
It will be alleged the man was advertising gold bullion bricks for sale on social media.
Following investigations by the Maroochydore Criminal Investigation Branch, a 33-year-old Hornsby (NSW) man was located and arrested at the Glass House Mountains on 6 July.
He has been charged with three counts of fraud, one count of attempted fraud and two counts of possess tainted property.
He was remanded in custody to reappear at Maroochydore Magistrates Court on 4 August.
Police believe there may be other people on the Sunshine Coast and surrounding areas who have experienced similar incidents and urge them to contact police.
Detective Senior Sergeant Craig Mansfield warned potential buyers to be aware.
“Don’t fall for this scam and don’t purchase gold off advertisements on social media,” Det Snr Sgt Mansfield said.
“If you’re looking to buy gold, always use due diligence and go through a reputable gold trader who has an established business.”
Investigations are continuing.
