Two accused bikies have been arrested over their alleged involvement in an fraudulent online investment scheme being probed by a specialist taskforce

A fifth person has been arrested in Queensland in relation to a $1.4 million online investment fraud with links to bikies.

A 25-year-old Gold Coast man was arrested on Wednesday by the Criminal Economy Unit, which forms part of Queensland police’s anti-bikie Taskforce Maxima.

Police say the man was involved in laundering more than $500,000 cash through bank accounts he operation for nine months in 2013.

He was also a member of the Bandidos outlaw motorcycle gang during his involvement in the fraudulent scheme.

The man, along with four others, was allegedly involved in cloning the website of a real WA investment company, M6 Treasury, and operating a cold call centre that encouraged people to invest their superannuation savings in their fake company.

Legitimate call centre workers were unaware their employer was fraudulent, police said.

Meanwhile, alleged Black Uhlans member Tyrone de Luca, 30, was granted bail on Monday after being arrested for his involvement in the scheme.

De Luca’s bail was set on condition he paid a $5000 surety in the Southport Magistrates Court on Monday.

He’s due to reappear in the same court with four co-accused on March 24.