A law enforcement agency conducted an investigation into a suspect believed to be part of an international money laundering scheme. AUSTRAC information revealed the syndicate's financial activities and assisted authorities to identify the suspect.
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 provided financial intelligence to assist law enforcement with their investigation into a remitter suspected of laundering illicit funds for crime syndicates.
Multiple law enforcement agencies worked together to dismantle a major methamphetamine drug syndicate operating in Australia and Vietnam.
AUSTRAC information was instrumental in identifying an Australian victim who sent approximately AUD2 million to a highly organised international crime syndicate committing 'advance fee' fraud.
AUSTRAC assisted an investigation which disrupted a global crime syndicate involved in money laundering and the importation of more than 30 kilograms of methamphetamine into Australia.
Law enforcement used AUSTRAC intelligence to identify a suspect who appeared to be importing components used to build or modify a prohibited type of assault rifle.
AUSTRAC information helped initiate an investigation that resulted in the arrest of three suspects and the seizure of approximately 15 kilograms of cannabis.
AUSTRAC information was used to verify the identities of an organised crime syndicate undertaking credit card fraud. A number of suspicious matter reports also assisted authorities to unravel the group's illicit financial activities.
Suspicious matter reports assisted law enforcement with an investigation into a sophisticated drug importation criminal syndicate. AUSTRAC information also assisted authorities to identify the scale of the syndicate's financial activity.
AUSTRAC information assisted authorities to identify offshore bank accounts and international funds transfers in relation to a complex tax avoidance scheme involving funds transfers between Australia, Samoa and New Zealand.