A fraud network creating fake id, credit cards, pay slips and employment records with non-existent companies — and even a fake secretary answering a phone to back up the created identity — has been dismantled by police in Sydney.

In one of the most sophisticated fraud scams of its kind, the fake documents were used to create bank ­accounts and obtain loans and credit cards from financial institutions.

Police believe a “considerable” number of Australians have likely had their identities stolen by the Sydney crime syndicate. It’s too early to know exactly how many people were targeted.