The man was arrested and charged with one count of dishonestly obtaining or dealing in personal financial information, contrary to section 480.4 of the Criminal Code 1995 (Cth).
The maximum penalty for this offence is five years’ imprisonment and one count of dealing with money or property that was believed to be proceeds of an indictable crime and at the time of the dealing, the value of the money or property was $1,000,000 or more, contrary to s400.3(1) of the Criminal Code 1995 (Cth).
The maximum penalty for this offence is 25 years’ imprisonment.
The man, 21, was arrested on Wednesday following an AFP-led Joint Policing Cybercrime Coordination Centre (JPC3) investigation involving Australian law enforcement and telecommunications providers Optus and TPG Telecom.
