A man has been charged with a multimillion dollar Sydney fraud.
The 35-year-old fraudulently diverted $9.75m from a financial institution to a personal bank account between June 2016 and August 2017, police allege.
The man was arrested in Sydney on Tuesday and charged with eight counts of dishonestly obtaining financial advantage by deception.
He was refused bail to appear before Sydney's Central Local Court on Wednesday.
