Alleged Adelaide property fraud arrests

Alleged Adelaide property fraud arrests
Jonathan ChancellorDecember 7, 2020

South Australian police have arrested two men and a woman following an in-depth investigation into a property scheme.

It allegedly defrauded a Chinese national from Shanghai out of $2 million.

Eastern Adelaide Criminal Investigation Branch officers oversaw the investigation.

A 59-year-old man and 52-year-old woman from Eden Hills were charged with 11 counts of deception and three counts of dishonestly dealing with documents.

They were both granted police bail and will appear in the Adelaide Magistrates Court in November.

A 24-year-old Eden Hills man was arrested on Monday and charged with 25 counts of deception, dishonestly exploiting a position to advantage and dishonestly dealing with documents.

Jonathan Chancellor

Jonathan Chancellor is one of Australia's most respected property journalists, having been at the top of the game since the early 1980s. Jonathan co-founded the property industry website Property Observer and has written for national and international publications.

Editor's Picks

Box Hill's best new apartment development approaches completion
"We will reward the buildings that are designed the best" VIC Gov to speed up approvals for best designed apartment developments
Beulah unveils new sustainable Fitzroy development
UEM Sunrise approved to develop two towers on Subiaco Oval
Traders in Purple line-up new Padstow development