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Business

Vincenzo Vocisano refused bail after allegedly gambling away 'almost $25 million' in investor funds

Sydney
Vincenzo Vocisano, pictured in 2010, is charged with fraud offences. (Supplied)

A Sydney "self-taught trader" — who allegedly defrauded "mum-and-dad-type" investors of more than $24 million — has been refused bail.

Police allege Vincenzo Joseph Vocisano, 40, deceptively obtained about $30 million to invest on the foreign exchange, but $24.8 million was allegedly spent on gambling instead.

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