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ABC News
ABC News
National

Police allege 'mum-and-dad' investors targeted by Sydney businessman in alleged $24 million fraud

The case against Mr Vocisano has been adjourned until tomorrow. (ABC Gold Coast: Dominic Cansdale)

A Sydney businessman has been charged with allegedly defrauding "mum-and-dad" investors of more than $24 million, which he allegedly spent on gambling platforms.

Vincenzo Vocisano, 40, was arrested at Hope Island on the Gold Coast on Monday and extradited to New South Wales.

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