Man charged with fraud after wagyu ad

Man charged with fraud after wagyu ad

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A photo of the newspaper advertisement which ran last year. Photo - QPS.

A photo of the newspaper advertisement which ran last year. Photo - QPS.

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A man has been charged after defrauding Wagyu and Wagyu-cross producers of $1.5 million.

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A MAN has been charged after a fraud investigation in relation to the sale of cattle in Queensland. 

Last year an advertisement (pictured above) was placed by a company in a rural newspaper to purchase cattle for processing export meat.

As a result, three cattle properties contacted the company in April, May and June 2017 where they entered into contracts to supply Wagyu and Wagyu cross cattle.

It will then be alleged the companies did not receive full payment for the sales agreed upon after supplying the cattle.

Police are encouraging anyone who may have responded to the pictured advertisement to contact police.

A 65-year-old Evans Head (NSW) man has been charged with two counts of fraud in excess of $1.5 million.

He is expected to next appear at the Brisbane Magistrates Court on May 7.

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