A joint investigation into a sophisticated money laundering scheme leads to 10 arrests and the disruption of an international crime syndicate.
AUSTRAC helped authorities to investigate a tax avoidance scheme that used illegal trading known as ‘phoenixing’.
AUSTRAC helped investigate suspicious financial transactions that led to the arrest of two offenders on charges of dealing with the proceeds of crime.
AUSTRAC helps dismantle a remittance services network that was laundering money for organised crime syndicates in Australia.
AUSTRAC intelligence helped link Australian assets to suspects wanted by authorities in China on bribery and corruption charges.
AUSTRAC uncovers an overseas investment scam defrauding Australian victims of millions of dollars.
Explanatory statements relating to amendments to the AML/CTF Rules
The NSW Police Force and the Australian Transaction Reports and Analysis Centre (AUSTRAC) are reminding digital currency exchange providers to be aware of their obligations following amendments to Commonwealth legislation last year.
A 27-year-old Bulleen man has been arrested during the second phase of an Australian Federal Police (AFP) investigation into an organised crime syndicate. Following the arrests, AUSTRAC suspended the registrations of two digital currency exchange businesses the man is associated with.
Today AUSTRAC released guidance to educate Australia’s Superannuation sector of the risks they face from criminal exploitation and how they can proactively combat financial crime.