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NEWS: Australia police arrest high-flying lawyer over $25m fraud

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By PAUL O’DONOGHUE, Senior Correspondent

A high-end solicitor in Australia faces charges for allegedly facilitating more than AUS$25 million ($18 million) in fraudulent property transactions linked to an organised crime group.

Police arrested Elic Tang, a partner at Rosemont Partners, at his home in western Sydney. He appeared at Bankstown Local Court, where the court refused bail.

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NEWS: Two-thirds of EU financial institutions not ready for AML Package July 2027 deadline

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NEWS: FIU Netherlands highlights how crypto transaction reports contribute to criminal probes

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INSIGHT: Regulators and banks rush to examine Mythos AI cybersecurity risks

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