Former boxer and Melbourne underworld figure Mick Gatto has been taken into custody as part of a Victoria Police investigation into alleged financial offences.
Detectives from Taskforce Hawk executed a search warrant at a property in Mount Martha on Victoria's Mornington Peninsula on Wednesday morning. Victoria Police said a man and a woman, both aged in their 70s, were arrested at the address and taken in for questioning. The ABC confirmed that Gatto was the man detained.