SYDNEY, June 6 (Xinhua) -- Counter-terrorism authorities on Wednesday arrested two men in Australia's New South Wales state capital Sydney as part of a crackdown on money laundering, according to police.
The duo, aged 27 and 28, were nabbed in Bankstown and Wiley Park areas under a "long-running investigation into alleged money laundering and foreign incursion offences", federal and state police said in a statement.
The investigation has so far "resulted in three arrests in Sydney in October 2017 for proceeds of crime offences, and one arrest in December 2017 for a person allegedly travelling to a conflict zone".
The Australian Federal Police's Assistant Commissioner Ian McCartney said the nature of the investigation has been complex and involved a range of varying charges.
The suspects are set to be charged with dealing in proceeds of crime, which carries a maximum penalty of 25 years' imprisonment or a fine of 315,000 Australian dollars (241,420 U.S. dollars), or both.
