SYDNEY, Australia—A man is due to face a NSW court accused of misappropriating about A$2 million after allegedly entering loan and lease agreements using illegitimately created “shelf” companies. NSW police say the 15 charges he faces follow an investigation into reports illegitimate companies had been created using the identities of employees of a printing management company without their knowledge. On Saturday, officers arrested the 37-year-old man in Guildford. He was charged with seven counts of dishonestly obtaining financial advantage by deception, and eight counts of publishing false misleading material to obtain advantage. Police will allege approximately A$2 million was misappropriated by the man, after he entered into a number of loan and lease agreements using the illegitimate companies. He was refused bail to appear at Parramatta Local Court on Sunday. By Liza Kappelle