A man has been charged after allegedly defrauding a health insurance company of approximately $1.6 million.
Between June and October 2019, a health insurance company reported to police that more than $175,000 of fraudulent claims were paid to a large number of identities, all allegedly linked to the same account.
The matter was reported to Brisbane Water Police District and inquiries commenced.
Following a lengthy investigation, police will allege over 13,000 fraudulent claims were made to the value of approximately $1.6 million.
On Monday, police attended a unit in Shortland Street, Point Frederick, and executed a search warrant seizing computer equipment, financial documents, communication devices, along with a Mercedes Benz and highend designer clothing, police said.
Brisbane Water Detectives arrested a 32-year-old man and he was taken to Woy Woy Police Station.
He was charged with dishonestly obtain financial advantage by deception.
He was granted conditional bail and is due to appear at Gosford Local Court on July 17.
Inquiries are continuing.
Anyone with information about this incident is urged to contact Crime Stoppers on 1800 333 000 or online
