Showing 156 results:
Suspicious deposits lead to arrests and frozen bank accounts
Summary
As part of an investigation into criminal networks laundering money in Western Australia, AUSTRAC and WA Police identified two offenders who were depositing and receiving large amounts of…
Business owner jailed for ‘phoenixing’ to avoid tax
Summary
AUSTRAC’s financial intelligence helped authorities convict a business owner who was carrying out illegal trading known as ‘phoenixing’ to evade company tax and fund his lifestyle and…
AUSTRAC disrupts large-scale international money laundering syndicate
Summary
AUSTRAC initiated an investigation into a money laundering syndicate suspected of moving large amounts of cash through a complex network of Australian bank accounts. Sharing financial…
Joint-agency effort disrupts international crime syndicate
Summary
As a member of a task force investigating criminal activity on Victoria’s waterfront, AUSTRAC played a key role in the conviction of several offenders who were laundering money for a crime…
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…