Watch Serial conman Peter Foster arrested six months after failing to appear in court – Australia News Trends

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Serial conman Peter Foster was living with another man and ran from authorities when they raided a hobby farm in rural Victoria, Australian Federal Police (AFP) allege.

The 59-year-old was arrested in the Macedon Ranges six months after failing to appear before a court in Sydney on multiple fraud charges.

“Mr Foster did try to run from the premises but he was quickly apprehended,” AFP Assistant Commissioner Nigel Ryan said.

“At that time he disclosed a medical condition and he was subsequently conveyed to the Royal Melbourne Hospital, where he is currently being assessed.

“This should serve as a warning to all criminals that there is nowhere to hide.”

Police say Foster was living “quite comfortably” when he was found with another man in a house in Gisbourne this morning.

“That is currently subject to investigations as to what assistance has been provided by that individual,” Assistant Commissioner Ryan said.

Authorities say intelligence, advanced technology and financial tracing helped them locate him.

Convicted conman Peter Foster
Foster is accused of fraud totalling up to $2 million.(AAP: Dan Peled)

Once Foster is released from hospital, he will be extradited to Queensland, where he remains accused of defrauding a Hong Kong pilot of Bitcoin — worth almost $2 million in 2019 and 2020.

Foster’s lawyer Chris Hannay described the charges facing his client as “outrageous”.

“It would appear it is just an absolute vendetta against him — so bring it on,” he said.

Foster was first detained on a Port Douglas beach in far-north Queensland in August last year before he was extradited to NSW.

Magistrate Margaret Quinn granted him bail with strict conditions — including a $180,000 surety — when he appeared before Central Local Court in March this year.

He was also ordered not to leave his home in Dover Heights in Sydney’s eastern suburbs except for a medical emergency, police reporting or to meet with his legal team, and to surrender his passport.

“Mr Foster, I say this to everyone, if you breach these bail conditions you may not get bail again,” Ms Quinn warned in March.

“I understand,” Foster replied.

When Foster failed to appear before Sydney’s Downing Centre in May, Queensland Police issued an arrest warrant.

Police say he electronic monitoring device attached to his ankle stopped sending signals, allowing them to declare him a wanted fugitive.

Foster is charged with five counts of publishing false or misleading material to obtain an advantage, 10 counts of dishonestly obtaining financial advantage by deception and knowingly dealing with proceeds of crime with intent to conceal.

“I have no doubt he will be fighting the charges and I feel confident about the outcome,” Mr Hannay said.

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We update (2021-12-07 07:56:28) this news headline from Australia News Trends Google, ABC News – official website –

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