MJ memorabilia discovered in Aussie fraud raid

Melbourne: A raid conducted on an office in Sydney has led to the discovery of Michael Jackson memorabilia. Police allegedly found two fedora-style hats autographed by the King of Pop amongst other items in the office of a multi-national finance company.

A paid order for a guitar, once owned by the late singer, 600 pieces of jewellery and cosmetics and expensive champagne were also unearthed, reports a newspaper. Officials revealed they later found that the items were part of a multi-million dollar fraud scheme. The fraud allegedly involved the theft of more than 20 million dollars from the company to be used for the purchase of real estate, diamonds and other investment items. ANI