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Australian police have arrested a man from the city of Mackay on allegations of laundering money for the operators of a tech support and ransomware scheme.

According to a statement from Queensland police, the yet unnamed 75-year-old man had entered a partnership with a group of tech support scammers operating a fake computer company.

The foreign group operated by calling local Australian citizens and tricking them into thinking they were infected with a malware and that their computer needed repairs.

If targets allowed the scammers remote access to their computers, police say that crooks installed ransomware.

When victims wanted to pay, scammers would tell them to make the payment to one of three local Australian businesses managed by the 75-year-old man.

Police say the suspect transferred funds to his foreign partners more than AUD$1 million (circa USD$760,000).

Read More. Australian Man Arrested for Helping Group of Tech Support & Ransomware Operators