Breaking News: Indian Students Duped in Multi-Million Dollar Australian Visa Fraud
The Australian Broadcasting Corporation (ABC) has uncovered a shocking case of visa fraud in Australia, where Indian students were duped out of millions of dollars. In a sting operation, Australian authorities have arrested several individuals and seized assets worth millions of dollars.
Sting Operation Unravels Massive Visa Fraud
As reported by the 7.30 program on the ABC, the investigation found that a group of fraudsters had been operating a sophisticated scam, targeting Indian students who wanted to pursue higher education in Australia. The scammers promised to help the students obtain visas and secure places at prestigious universities, but in reality, they were fleecing them of their hard-earned money.
Multi-Million Dollar Losses
The investigation found that the fraudsters had defrauded Indian students of millions of dollars. The exact amount is still unknown, but it is believed to be in the tens of millions of dollars. The students, mostly from middle-class families, had invested their life savings in the scam, believing they were getting a chance to study in Australia.
Australian Authorities Take Action
The Australian Federal Police (AFP) and the Australian Securities and Investments Commission (ASIC) have launched a joint investigation into the scam. Several individuals have been arrested and charged, and assets worth millions of dollars have been seized.
Indian Students Left High and Dry
The affected students are now left without their money and facing uncertain futures. Many of them had already paid significant amounts to the fraudsters, believing they were getting a genuine visa and a place at a university. The 7.30 program spoke to several students who are still trying to come to terms with the loss of their life savings.
Calls for Tougher Regulation
The scandal has sparked calls for tougher regulation of the education sector in Australia. The Australian government has promised to take action to prevent such scams in the future.
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Indian students duped in multi-million dollar Australian visa fraud | 7.30