Fraud charges follow trader’s extradition from Poland
Daniel Farook Ali has been remanded in custody following extradition from Poland and facing court over eight charges relating fraud totalling almost $1 million.
Filgate was remanded in custody
Ali was extradited after leaving Australia in 2018 while civil proceedings brought by the Australian Securities and Investments Commission were ongoing.
A warrant for his arrest was made in December 2020 and Ali was arrested in Poland in November 2021. The Polish Government granted extradition in July this year and Ali agreed.
ASIC has alleged that between 2016 and 2017 Ali used funds from investors to buy real estate and luxury cars for his family members and related companies.
Ali ran DanFx a foreign exchange trading platform.
Ali was remanded in custody after an appearance in the Brisbane Magistrates Court on Thursday. He will appear again on September 2.
ASIC said it acknowledged the assistance from the AFP’s fugitive apprehension strike team along with the Commonwealth Attorney General’s Department and the Commonwealth Director of Public Prosecutions.
