CANBERRA, ACT, Dec. 19 -- Australian Federal Police issued the following media release:
Editor's note:images available via Hightail
The AFP has charged four people and dismantled an organised crime syndicate suspected of laundering millions of dollars in criminal proceeds.
The AFP began an investigation in June, 2025, after receiving intelligence from law enforcement partners.
The syndicate is suspected of coordinating the collection of criminal proceeds through cash handovers. The cash was deposited into online banking accounts allegedly linked to the syndicate, then swiftly transferred into cryptocurrency.
It is alleged the syndicate washed illicit profits on behalf of organised crime figures attempting to avoid detection from author...