Anti-Financial Crime & Financial Crime Compliance
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AML, Financial Services

AUSTRAC claim Crown Resorts laundered A$69BN (€46BN)

By Alisha Houlihan for AMLi

Australian Transaction Reports and Analysis Centre (AUSTRAC), has filed a civil claim against Australia’s largest casino operator, Crown Resorts, alleging A$69BN (€47BN) was laundered through the business over five years.

A 900-page statement of claim detailed extensive money laundering and failures to report suspicious activities to the financial intelligence unit (FIU).

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