Australia news LIVE: Man charged with alleged kidnapping and $800,000 theft of luxury cars
Police allege the man, 21, currently detained at Silverwater Jail, stole the cars to supply vehicles to organised crime groups.
It follows a four-month investigation by strike force detectives.
An investigation was launched after local police allegedly spotted three men wearing balaclavas running from a car in North Parramatta on February 27.
Mobile phones, duct tape, flexi cuffs and a baseball bat were seized during a search of the vehicle.
Three men have since been charged for their roles in an alleged conspiracy to kidnap and remain before the courts.
Last month, the State Crime Command established Taskforce Falcon to oversee a number of strike forces – including Strike Force Drever – to investigate potential links between violent crime in Sydney.
As a result of ongoing inquiries, detectives allegedly linked a 21-year-old man to "having a direct involvement" in the theft of a Haval vehicle, which was to be used in the kidnapping at Parramatta.
Detectives will further allege the man also stole a Bentley and Rolls-Royce worth over $800,000 in March 2025.
All three vehicles have since been recovered.
The man was charged with aggravated breaking and entering, stealing over the value of $60,000, taking and driving a car without consent and other offences.
He faced Parramatta Local Court on Monday, where he was remanded in custody to reappear at a later date.
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