A Thai woman is set to face court over an alleged $9 million fraud and money laundering ring after being arrested by a NSW Police strike force.
Siriluck Fatima Chimmalee, 27, was scheduled to face Parramatta Bail Court on Saturday after being arrested in Strathfield South in Sydney's inner west on Friday morning.
She is facing three counts of dishonestly obtaining financial advantage by deception - a charge which carries a maximum penalty of 10 years in jail.
Police will allege she used social media to target the Thai-Australian community and advertise inflated rates for exchanging money.
It follows a one-and-a-half year investigation by Strike Force McKeon into reports of fraud and money laundering.
NSW Police raided two properties on Friday and seized high-end fashion and clothing items and electronics.
Australian Associated Press
