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Money laundering

Welfare recipients found with $75,000 cash and 15 kilograms of cannabis

AUSTRAC information helped initiate an investigation that resulted in the arrest of three suspects and the seizure of approximately 15 kilograms of cannabis.

Crime syndicate recruited Malaysian nationals for major credit card fraud

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.

Cash courier transferred millions of dollars to Hong Kong for money laundering syndicate

A law enforcement agency identified a suspect believed to be working as a cash courier for a suspected money laundering syndicate. AUSTRAC data revealed that the suspect and additional cash couriers were laundering millions of dollars internationally for the syndicate.

Accountant jailed for laundering money via Hong Kong and New Zealand

An Australian law enforcement agency conducted an investigation into a suspect believed to be involved in laundering money. AUSTRAC information linked the suspect to multiple companies and structured cash deposits.

AUSTRAC information revealed complex ‘round robin’ tax evasion scheme

AUSTRAC intelligence initiates an investigation into a complex ‘round robin’ tax evasion scheme.

Remittance business laundered millions in drug money through student’s bank account

A suspect transaction report triggered AUSTRAC’s automated monitoring system, revealing a syndicate using a technique known as ‘cuckoo smurfing’ to launder funds, suspected to be the proceeds of illicit drug sales.

‘Cuckoo smurfing’ used in million dollar money laundering scheme

AUSTRAC disseminated a suspect transaction report to a law enforcement partner agency, which sparked an investigation into a widespread money laundering syndicate.

Card skimming syndicate laundered criminal proceeds through casinos

An international student residing in Australia was arrested by law enforcement upon arrival in Australia, where he was found to be in possession of card skimming technology, includeding computer disks, a laptop, a card encoder, an ATM feeder ‘face unit’ and 31 blank ATM cards

Money exchange business laundered millions for drug syndicate

A multi-million dollar money laundering syndicate was dismantled following a 12-month joint agency investigation, which uncovered a currency exchange business being used to launder the proceeds of crime for a European drug syndicate

Syndicate imported 25kg of ecstasy hidden in children’s toys

AUSTRAC information initiated a multi-agency investigation into a syndicate responsible for importing more than AUD1.5 million of ecstasy concealed in children’s toys.


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