The Organized Crime Squad of the New South Wales Police Force in Australia has charged four people. All four are suspected to be members of a money laundering syndicate involved in distributing prohibited drugs in Sydney. During their investigation, the authorities also seized over AUD 8 million ($5.76m) in cash.
Ongoing investigations led the authorities to finding AUD 260,000 ($187,296) in cash, methylamphetamine and MDMA. Following this discovery, the authorities searched four premises in Burwood, Campsie and Rhodes. They subsequently arrested a man and a woman from Burwood and seized over AUD 60,000 ($43,222) in cash.
The authorities further found over AUD 7.88 million ($5.68m) in cash at Rhodes and additional cash at Campsie. They also arrested a man from Campsie and a woman from Rhodes. All 4 detainees were charged with knowingly dealing with proceeds of crime, among other offenses.