Anti-Financial Crime & Financial Crime Compliance
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Australia, Crypto, Financial Crime

NEWS: AUSTRAC analysis helps take down AU$190M crime syndicate

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By PAUL O’DONOGHUE, Senior Correspondent

FINANCIAL intelligence from AUSTRAC helped dismantle a crime syndicate that allegedly laundered more than AU$190 million (US$123 million) through businesses and cryptocurrency.

Australian Federal Police (AFP) charged four people after an 18-month investigation. At the centre of the case is a Gold Coast-based security company that offered armoured transport services.

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Premium

ANALYSIS: FATF’s 5 new reforms – including making originator, beneficiary data more transparent in cross-border payments over $1,000.

 Premium

CONFIRMED: FATF adds British Virgin Islands, Bolivia to AML ‘grey list’

 Premium

NEWS: VAT fraud among EU crime-fighting priorities for next 4 years

Regulatory Watch News

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