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Banking (ADIs)

Local post office used for million dollar fraud and tax evasion scheme

AUSTRAC information assisted authorities investigating a multi-million-dollar postal fraud and tax evasion scheme.

Crime syndicate caught out after police discovered drugs in cricket rollers

AUSTRAC assisted a law enforcement investigation into a syndicate importing precursor chemicals from South Africa into Australia to produce up to AUD20 million worth of amphetamines.

International funds transfers helped uncover counterfeit car parts scam

A law enforcement agency used AUSTRAC financial transaction data to investigate a suspect who was selling counterfeit vehicle parts on the Australian market.

Senior public servants stole $1.7 million from state government

AUSTRAC assisted law enforcement to investigate two senior public servants charged with stealing more than AUD1.7 million cash from a state government department.

Suspect used offshore companies to avoid paying millions in tax

A money laundering and taxation investigation commenced into a suspect who, for more than 10 years, declared minimal income to the Australian Taxation Office while living a luxurious lifestyle.

Casino ‘high roller’ stole $78 million from Asian banks

AUSTRAC contributed to a joint international investigation which exposed a multi-million dollar global fraud committed by an Asian finance manager and international casino ‘high roller’.

AUSTRAC information helped unravel AUD30 million university fraud

AUSTRAC information assisted law enforcement to investigate a network involved in defrauding a university of over AUD30 million and laundering the funds to purchase property and racehorses.

AUSTRAC information assisted law enforcement to uncover a sophisticated investment fraud

Cold-call investment fraud involves unsolicited contact, generally by telephone, with victims who are persuaded to invest money in shares that are either worthless or non-existent.

Syndicate used real estate and trust accounts to launder cannabis cash

An Australian drug syndicate used multiple money laundering methods to launder more than AUD1 million worth of profits from cannabis sales.

‘Bankrupt’ suspect used casino to launder million dollar drug payments

AUSTRAC intelligence helps law enforcement investigation into a known criminal identity who was suspected of being involved in numerous large-scale drug importations into Australia.

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