Man allegedly scams $2m from hospital

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NSW Police arrested a 49-year-old man for allegedly swindling $2m from a Sydney hospital. Picture: NewsWire / Max Mason-Hubers

A man will appear in court on Thursday charged with scamming $2m from a Sydney hospital.

NSW Police cybercrime squad detectives arrested the 49-year-old man on Wednesday after launching an investigation in September into the alleged swindle.

“In September 2024, detectives attached to State Crime Command’s cybercrime squad established Strike Force Millbon to investigate reports of alleged business email compromise fraud of a...hospital which resulted in the theft of $2m through multiple transactions,” the police said on Thursday morning.

“Following extensive investigations, strike force detectives executed a search warrant at a home on Rudelle Crescent, Yagoona, yesterday (Wednesday).

“During the search, detectives located and seized multiple electronic devices.

AUSTRALIA - NewsWire Photos - General view editorial generic stock photo image of Australian cash money currency. Picture: NewsWire / Nicholas Eagar
The $2m scam involved email fraud, the police said. Picture: NewsWire / Nicholas Eagar

“A 49-year-old man was arrested at the home and taken to Bankstown Police Station.”

Police have charged the man with recklessly dealing with proceeds of crime of more than $5000.

The man was refused bail and is expected to appear before Bankstown Local Court on Thursday.

Cybercrime squad commander Detective Superintendent Matt Craft warned that police had seen a rise in email fraud targeting large businesses across the state.

“I urge all Australians to be cautious online and to stop and think about documents they receive,” he said.