A Waikiki man has been charged over the alleged fraudulent selling of racehorses.
Between April and May 2022, the 27-year-old allegedly offered shares in multiple racehorses but did not have control of the horses or a licence to do so.
"It is further alleged the man received multiple payments for shares in a number of racehorses, totalling more than $4,900," A WA Police spokesperson said.
"The victim allegedly sent the accused multiple transfer of ownership documents. When they did not receive any correspondence in return the victim reported the matter to police."
The Waikiki man has been charged with nine counts of gains benefit by fraud.
He is due to appear in Joondalup Magistrates Court on August 12.
Members of the public who have further information in relation to this matter are urged to contact Crime Stoppers on 1800 333 000.
Anyone who believes they may be the victim of a similar fraud offence should report the matter to their local police or by calling 131 444.
Tragic update in search for missing man Robert Snyder
Premier Roger Cook to leave Kwinana electorate, move to Perth
Mandurah Marine Rescue's new vessel named in memory of nun who survived 1959 boating accident
Teen dies in motorbike crash at Waroona Dam
Shark alert issued after whale carcass reported at Preston Beach
Kwinana businesses to refuse serving students during school hours
Men attacked, campervan windows smashed in East Rockingham
Entries for 2026 Castaways Sculpture Awards now open
Meadow Springs man pleads guilty to threatening to kill PM and NSW Premier