THE decision to release a 62-year-old Yeppoon man facing 11 fraud charges for allegedly swindling $1.4 million out of people was not done lightly.
David Bruce Macartney was released on bail on Tuesday after facing Rockhampton Magistrate's Court in relation to five fraud charges.
He was also mentioned in Maroochydore Magistrate's Court last Friday in relation to six fraud charges after being accused of recruiting six individuals from the Sunshine Coast to work for a major West Australian mining company.
Police prosecutor Karen Dunham requested Macartney's bail application be denied on the grounds police thought Macartney was at risk of reoffending, especially since he had built trust with the victims and started taking money from them since 2004.
Ms Dunham said Macartney had a criminal history prior to these fraud charges, including dishonesty charges, dating between 1995 to 1998.
Defence solicitor Cam Shroder said his client had admitted to the latest charges and was remorseful.
He said Macartney had atrial fibrillation and was at a high risk of a stroke or heart attack.
"It doesn't help my client's wife," Mr Shroder said.
"It was dropped on her like a bombshell last night (going from minor to major fraud)."
He said there was concern about the amount of time Macartney would spend in custody prior to a sentencing, despite the fact the defence had not requested a brief of evidence.
He said Macartney was asking for time to put his affairs in order.
Magistrate Barry Cosgrove felt the media coverage identifying Macartney was enough of a deterrent for reoffending and one couldn't be kept in jail based on "probablys".