An AUSTRAC referral was the catalyst for a law enforcement investigation into two unregistered remittance businesses.
AUSTRAC case studies are a valuable resource for industry and AUSTRAC's partner agencies. They reveal the diversity and seriousness of the organised crime and terrorism financing threats facing industry and the wider community.
These real-life cases present a snapshot of how criminals are seeking to misuse Australia's financial system and how AUSTRAC intelligence and analysis is instrumental in combating these criminals.
The case studies also demonstrate the enormous intelligence value of the financial transaction and suspicious matter reports AUSTRAC receives from industry as they play an important role as partners in combating serious and organised crime and the financing of terrorism.
AUSTRAC information was the catalyst for a law enforcement investigation into the unexplained wealth of two entities.
AUSTRAC supported an investigation into a criminal syndicate suspected of importing firearms and illicit drugs into Australia from the United States via sea cargo.
Law enforcement commenced an investigation into a person exchanging counterfeit currency after receiving information from banks across WA, SA and Victoria.
AUSTRAC support law enforcement investigation into a drug trafficking syndicate suspected of having long-term involvement in the supply and distribution of narcotics in Australia.
A joint law enforcement investigation identified members of an Australian syndicate involved in the importation of illegal tobacco and cigarettes from South East Asia and the Middle East.
A law enforcement investigation identified a professional money laundering syndicate operating between Australia, New Zealand and China.
Joint law enforcement investigation into an Australia-based Albanian drug syndicate lead to the disruption of a large-scale importation of meth into the country.
AUSTRAC intelligence assists law enforcement with investigation involving several Romanian-born Australian's suspected of trafficking drugs and dealing with illicit proceeds of crime.
A law enforcement investigation identified a former solicitor who stole more than AUD1 million from individuals, businesses and financial institutions as part of an elaborate mortgage refinancing fraud.