April 12, 2013
A 49-year-old Western Australian man has been charged over a livestock hoax which scammed investors out of $700,000. The WA major fraud squad have accused the Thornlie man, a consultant for a livestock company, of promising to export tens of thousands of head of cattle to Indonesia in a deal which would have cost investors nearly $4 million. His arrest was the culmination of a year of investigation, which led officers from WA’s south-west on to Indonesia. The man has now been charged with 35 counts of stealing about $700,000. Indonesian investors paid hundreds of thousands of dollars to feed and transport non-existent livestock – police say there were never any cattle to sell.