They seized fake identity documents, $50,000 in cash in a safe, a money counter and methamphetamines.
A 50-year old man from Macquarie Park, Andrew S. Smith, appeared in Sydney Central Local Court on Wednesday.
He was charged with eight counts of false or misleading information, breaching the Anti-Money Laundering and Counter-Terrorism Financing Act, one count of using a telecommunications network with intention to commit a serious offence and other offences including dishonestly obtaining financial information, dealing with property reasonably suspected of being proceeds of crime and drug possession.
Bail was refused ahead of his next court appearance on November 18.
A 36-year old alleged accomplice was scheduled to be charged with similar offences at a later date, the AFP said in a statement.
AFP Commander of cybercrime operations Chris Goldsmid said the sophistication of the equipment used and scale of the attacks was extreme, and one telecommunications provider identified more than 49,000 messages sent to its customers within a week.
“This fraud syndicate had absolutely no regard for the hardworking Australians they stole from, victims who may be struggling since the bushfires and COVID-19 hit the nation,” Commander Goldsmid said.
NSW Police Force Cybercrime Squad Commander, Detective Superintendent Matthew Craft, said: “Legitimate businesses will never call or SMS customers seeking confidential information. Always be suspicious when you receive such requests.”
Authorities recommended that people familiarise themselves with tips to identify cyber scams at cyber.gov.au