A Gold Coast real estate agent fell under the control of a multimillion dollar drug syndicate
The Courier Mail reports that Nightcap Village associate Eamon Lowe "pleaded guilty in Southport District Court on Tuesday to attempting to pervert the course of justice".
Judge Kefford sentenced Lowe to 18 months imprisonment with parole for presenting falsified documents to the court.
In July 2020, the 45-year-old Eamon Lowe had been charged in Southport Court with money laundering as part of a criminal syndicate operating an alleged cryptocurrency scam that had duped investors of over $3 million.
Police alleged that the criminal syndicate posed as multiple cryptocurrency sales companies which appeared to be legitimate, including Exmount Holdings Group, the Quid Pro Quo Foundation, the Atlas Group, AFG Associates Pty Ltd, Tradex123, Exmounttrading, Atlasfxgroup and Amazonaus.
The companies offered victims a trial investment, promising generous returns if they invested more, but when investors tried to withdraw their funds, the money wasn't there.
Police said the alleged crypto scam was just the tip of a criminal iceberg.
Eamon Lowe and Nightcap Village
Eamon Lowe has collaborated with Nightcap Development Team since 2016. He is a real estate agent and executive consultant with Christy's Prestige that, together with Ray White Real Estate, allegedly phoenixed property at 3222 Kyogle Rd as part of a proposed Nightcap Village development.