Fraud - Dishonestly obtaining financial advantage by deception

Sydney property developer Jean Nassif's daughter has been granted bail after being charged with fraud offences following several police raids across Sydney.

27-year-old Ashlyn Nassif, who is a partner in a law firm, EA Legal, was charged with dishonestly obtaining a financial advantage by deception and publishing false or misleading material to obtain an advantage.

The arrest followed four search warrants at businesses in Sydney's CBD and Concord, as well as at a home in Chiswick executed by detectives from the State Crime Command's Organised Crime Squad as part of an ongoing fraud investigation.

It is alleged that Ms Nassif made and submitted false or misleading sales contracts in order to access a $150 million loan for the construction of three buildings in the Skyview development at Castle Hill.