Aussie police bust money laundering syndicate in Sydney

Source: Xinhua| 2019-07-12 13:58:32|Editor: Liu
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SYDNEY, July 12 (Xinhua) -- Australian police have busted an alleged money laundering syndicate operating in Sydney's south west.

Three people were arrested on Thursday and charged with laundering over 100 million Australian dollars (69.8 million U.S. dollars) since 2016.

Two men, 30 and 29, were arrested when they arrived for work at what police said was a partially legitimate business, but also acted as a front for the group's illegal operations.

Shortly after, a 30-year-old woman, understood to be the girlfriend of one of the men, was also arrested at her home.

Officers executed search warrants at the home and at two areas of business, seizing a money counting machine, 400,000 Australian dollars (270,000 U.S. dollars) cash, 10,000 Australian dollars (6,900 U.S. dollars) of gold bullion, electronic devices, a Ford Mustang and designer jewellery.

The trio have been charged with offences related to laundering over 100 million Australian dollars (69.8 million U.S. dollars) and are expected to face court on Friday.

Police uncovered the syndicate by chance in relation to a larger operation targeting the supply of prohibited drugs and related organised crime offences in western Sydney.

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