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Sydney bikie gang member charged with $1.7 million bank fraud

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A bikie gang member has been charged over the alleged fraud of almost $1.7 million using falsified bank loan documents.

Police identified the fraud offences during an investigation by Strike Force Raptor into the activities of the Burwood chapter of the Rebels gang, which began in November 2015.

On Monday morning a 29-year-old man handed himself into Parramatta Police Station and was arrested for his alleged role in defrauding a bank of more than $1.6 million, by applying and obtaining loans using falsified documents.

The Rebels member allegedly was loaned $688,000 using forged documents in 2016, and then allegedly helped another Rebels member get a $960,000 loan by also using forged documents.

AAP