Guy Sebastian’s former manager charged over alleged $1.15m fraud

A celebrity manager has been arrested and charged in Sydney over alleged frauds totalling more than $1.15 million.

The 47-year-old, understood by AAP to be singer Guy Sebastian's former manager Titus Day, was arrested at a Bondi home on Wednesday night and charged by police on Thursday morning.

Police say last month they received a report of an alleged fraud committed against a 38-year-old man - Sebastian's age - and later noticed inconsistencies in bank account records and financial documents.

The manager was taken to Waverley Police Station and charged with 61 counts of dishonestly obtaining financial advantage by deception.

"Police will allege in court that the man knowingly withheld $1.15 million in earnings from a client between December 2013 and April 2020," NSW Police said in a statement on Thursday.

He has been refused bail to appear at Waverley Local Court on Thursday.