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.
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’.
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.
An Australian drug syndicate used multiple money laundering methods to launder more than AUD1 million worth of profits from cannabis sales.
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.
An Albanian organised crime syndicate operating in Australia used an online betting service and an internet payment system to launder illicit proceeds from the sale of cannabis.
An Asian crime syndicate, which included an expert forgery artist, recruited foreign students to open bank accounts, steal mail and launder stolen cash.
AUSTRAC information assisted an investigation into individual suspected of carrying more than AUD150,000 cash from China to Australia.