MP calls for action on 'scam'
'Millionaires' Row' at Mermaid Beach on the Gold Coast. Source: Gold Coast Bulletin
A STATE Government MP has questioned police inaction over an alleged multimillion-dollar beachfront property scam on the Gold Coast.
Mermaid Beach MP Ray Stevens says he believes businessman Rod Lambert has a "genuine complaint" when making claims that property prices on the Gold Coast's "Millionaires' Row" were artificially inflated.
The allegations led to investigations by police and the Office of Fair Trading over the past three years.
Mr Lambert has alleged he was duped over an $ 11 million Mermaid Beach property deal in a scam involving a since-jailed standover man, real estate agents, lawyers and financiers. Two other businessmen also claim to have been defrauded to the tune of millions of dollars.
Mr Lambert says he has recently been advised that the Queensland police fraud squad had deemed the matter a "commercial dispute" which should be referred to the Legal Services Commission.
This is despite the LSC referring the case to Police Commissioner Bob Atkinson in August 2010.
Mr Lambert said the Fraud Squad officer handling the investigation was not returning his phone calls or emails.
"This fraud has destroyed me and my family but the police seem to have put it in the too-hard basket and washed their hands of it," he said.
"That's despite a convicted criminal, who has since been jailed for extortion, being involved in my fraud and others up to his neck."
Mermaid Beach MP Ray Stevens said he believed Mr Lambert had a 'genuine complaint'.
"These are matters which should be fully investigated and not swept under the carpet," he said.
Mr Stevens said he understood police were busy but the investigation had dragged on for too long.
"If there are high-profile people and names involved, they deserve to feel the full force of the law," he said.
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