Police warn of High Court case scam

POLICE are appealing for victims of a widespread fraud which they say has seen Australians hand over more than $2 million.

NSW Police said on Friday that they had launched an investigation into the allegedly fraudulent scheme, which asks people to provide funds for a supposed High Court case.

People are being told the case relates to "national security" and is shrouded in secrecy.

"They are promised a higher return on any investment or payment they make towards the cause," police said in a statement.

"Consequently, these victims have deposited funds into a bank account."

So far, police believe more than $2 million has been lost to the fraud.

Since 2007, funds have been provided by a number of victims at a range of financial institutions in NSW, Victoria, the ACT, Queensland and South Australia.

"We would urge anyone who is approached along these lines to be cautious and not hand over any money, it's a fraud," Detective Senior Constable Nathan Hogg, from Albury Criminal Investigation Unit, said.

"Also, we need anyone who has knowledge of this fraud or is an existing victim to contact Crime Stoppers immediately."

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