A Brisbane man who allegedly impersonated a dead man and stole more than $630,000 while acting as a financial planner has been charged.
The Calamvale man, 44, was charged with fraud offenses after a criminal investigation was launched in October 2021 when Queensland Police received a complaint from a financial institution which noticed suspicious financial activity on a pension fund linked to a dead man.
Police alleged the man embezzled more than $630,000 for his own use between February 2020 and January 2021 while acting as a financial planner.
The man allegedly usurped the identity of the deceased, falsified documents and created accounts.
Officers searched the man’s property in Calamvale, where they seized a luxury sports car, believed to have been purchased with the proceeds of the offence.
He was charged with 28 offenses including fraud, forgery, hacking and identity theft.
Acting Detective Inspector Adam Bennett said the nature of the offense was concerning.
“This is a timely reminder for the community to remain vigilant in monitoring their accounts and to report any suspicious activity to your financial institution and the police as soon as possible,” he said.
The man is due to appear in Richlands Magistrates Court on June 22.