NSW Police Arrest Trio in Alleged $600,000 BEC Scam Involving Gold Bullion
New South Wales Police have charged three individuals in connection with an alleged $600,000 business email compromise (BEC) scam. The arrests were made after a 20-year-old woman was caught purchasing gold bullion worth $100,000 on five separate occasions in Sydney. The operation, known as Strike Force Downstream, is part of a broader investigation by the State Crime Command's Cybercrime Squad, in collaboration with the Joint Policing Cybercrime Coordination Centre (JPC3). The funds used for the bullion purchases were identified as proceeds from a BEC scam, following a tip-off from the National Australia Bank. The police also seized $34,000 in cash and multiple mobile phones during the arrest. 
