Bail revoked for accused Vic fraudsters

Two Melbourne men charged over a $100 million fraud case have had their bail revoked, with a magistrate determining they could reoffend.

A poker player and an accountant charged over a $100 million fraud case have had bail revoked, with a Melbourne magistrate wary of their alleged links to a bikie gang.

Police claim William Jordanou and Robert Zaia used standover tactics to secure more than $220,000 in loans while on bail.

They were each bailed last May on 146 fraud-related charges after allegedly using false documents to receive $100 million in loans.

Magistrate Susie Cameron ordered the pair be taken back into custody on Thursday, saying the fresh allegations were "strikingly similar" to their multi-million fraud charges.

She was also concerned with police claims the men had ties to an outlaw motorcycle gang and organised crime figures.

"In my view the respondents have acted brazenly while on bail," she said in Melbourne Magistrates Court.

Police allege that Jordanou, a professional poker player, and Zaia, a discharged bankrupt and accountant, were among a group who forced a man to use fake documents to secure loans totalling $224,326 to purchase a boat and Jeep.

The group, which included outlaw bikies, allegedly threatened to harm the man's baby if he did not sign for the dodgy loans last September.

Both Jordanou, 55, and Zaia, 49, were on bail waiting to face court over their alleged $100 million fraud committed between 2004 and 2014.

Their defence counsels argued the alleged bail offending amounted to "hearsay upon hearsay" and the men could expect to dwell in jail for up to two years before a trial if bail was revoked.

But Ms Cameron determined the pair posed an unacceptable risk of reoffending.

Jordanou, of Narre Warren, has competed in several top poker tournaments, including the Aussie Millions.

Police claim he was acting as a consultant to Zaia's accounting firm when they allegedly obtained more than $100 million of loans illegally, including $20 million from the Commonwealth Bank of Australia.

Jordanou and Zaia, of Lysterfield, face a committal hearing on those charges in April.


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Source: AAP


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