Warrant issued for conman Peter Foster

·1-min read

Serial conman Peter Foster remains at large after NSW prosecutors dropped more than a dozen charges against him and Queensland Police stepped in to issue a fresh arrest warrant on fraud offences.

NSW Police on Friday morning confirmed they were yet to locate Foster, who failed to appear at Sydney's Downing Centre Local Court on Thursday.

He was seen at his lawyer's office earlier that day.

Foster was facing 15 NSW fraud charges after allegedly posing as a man named Bill Dawson and extricating 120 Bitcoin from a Hong Kong man.

The value of 120 Bitcoin was sitting around $AU6.3 million on Thursday.

But the charges were dropped on Thursday, leading Queensland Police to issue an arrest warrant "in relation to a number of alleged fraud offences".

Foster was on bail but didn't show in Downing Centre, with his lawyer telling the court he wasn't sure where Foster had gone.

Queensland Police believe the fraudster is still in NSW.

Foster was arrested on a beach in far north Queensland in August before being extradited to Sydney. He spent seven months in custody until a magistrate granted him strict bail on March 26.

Among his conditions, he was ordered not to leave his Dover Heights home except for a medical emergency, police reporting or to see legal advisers.

He also had to surrender his passport and wear an electronic tracking anklet.

Court papers for the since-withdrawn charges state the alleged fraud was valued at about $US1.141 million ($A1.73m) in January 2020.