Showing 152 results:
Financial snapshot leads to car park drug deal arrest
Summary
AUSTRAC intelligence was used in an investigation into a drug trafficking syndicate suspected of supplying and distributing narcotics in Australia. Our analysis helped to locate three…
AUSTRAC referral helps catch unregistered remitters
Summary
AUSTRAC discovered two companies providing remittance services while unregistered. After a request to comply, their applications showed multiple breaches of their obligations and AUSTRAC…
Suspicious transfers undo major meth operation
Summary
AUSTRAC’s financial intelligence helped law enforcement agencies dismantle a major drug syndicate operating in Australia and Vietnam. The syndicate had raised suspicion by using large cash…
Unexplained wealth investigation leads to assets being seized
Summary
AUSTRAC identified a married couple who were moving large and unexplained amounts of cash domestically and overseas, and referred them for criminal investigation. The investigation…
Offender structures $2.5 million over five years to evade tax
Summary
Using cash from his retail business, the offender systematically structured deposits totalling over A$2.5 million in an attempt to avoid transaction reporting requirements and evade tax.
Director of remittance business jailed for laundering cash
Summary
AUSTRAC helped an investigation into a remitter suspected of laundering illicit funds for crime syndicates. Transaction reporting by banks had revealed a shortfall between the amount of…