Cyber-enabled fraud, child exploitation among the focus for AUSTRAC and ASEAN financial intelligence
AUSTRAC and ASEAN financial intelligence units (FIUs) have reinforced their commitment to combat transnational crimes at the 2024 Financial Intelligence Consultative Group (FICG) Plenary in Melbourne....
AUSTRAC accepts Enforceable Undertaking from online betting company Sportsbet
AUSTRAC has accepted an Enforceable Undertaking from Sportsbet Pty Ltd to improve its compliance with Australia?s anti-money laundering and counter-terrorism financing (AML/CTF) laws. This follows an ...
AUSTRAC and SkyCity agree to proposed $67 million penalty
SkyCity Adelaide Pty Ltd (SkyCity) and AUSTRAC have jointly submitted a proposal to the Federal Court of Australia for a $67 million penalty due to SkyCity?s breaches of the Anti-Money Laundering and ...
AFP raids target alleged money laundering by Changjiang
Australian Federal Police have arrested seven people in Melbourne and seized $50 million worth of luxury cars and property during raids on an alleged money-laundering syndicate it says was operating "...
Aussie house prices could be inflated by money laundering
Local house prices could be being inflated by dirty money from criminals here and overseas, because Australia hasn't passed legislation that forces real estate agents to flag potential cases of money ...
AFP turns its focus to money laundering
The amount of money laundered in Australia, through avenues such as the nation's financial systems and the property market, has hit billions of dollars per year, according to the Australian Federal Po...
Nine arrested, Sydney homes seized, as police crush 'underground bank'
Federal Police say they've dismantled a Chinese-Australian money laundering operation worth $10 billion....
Mafia's billion dollar money-laundering operations revealed by the AFP
The Australian Federal Police has announced a new focus on targeting Italian organised crime and money-laundering syndicates....
Aspen Medical named in Sri Lankan money-laundering inquiry
The COVID-19 pandemic has cost Australians tens of billions of dollars. But one Canberra based company has made astonishing profits. Four Corners is investigating the privately-owned healthcare compan...
Money laundering, organised crime alleged to have been enabled at Star casinos
The NSW gaming regulator is investigating Star Entertainment behind closed doors, but there are calls for a public inquiry, similar to the one that saw rival company Crown lose its license to operate ...
Westpac faces fines over 'serious and systemic' anti-money laundering breaches
Westpac is facing massive fines in the biggest anti-money laundering case in Australia's history. The bank is accused of failing to adequately monitor the accounts of customers involved in child sex a...
Westpac loses CEO and chair over bank's alleged anti-money laundering breaches
Westpac has lost its CEO and chair following accusations the bank broke anti-money laundering and counter terror finance laws more than 23 million times, in transactions worth more than $11 billion....
Crown Casino exposed. Sex trafficking, drugs, money laundering
A six-month joint investigation by 60 MINUTES, The Age and The Sydney Morning Herald has exposed a corporate scandal unlike anything Australia has seen before....
Real Estate: dirty money laundered through Australian housing
Australia's reputation as an ethical place to do business is being damaged by its lack of action over money laundering. In a single year AUSTRAC estimates there were around $1 billion worth of suspici...
Crown Resorts investors vent anger at company AGM over money-laundering allegations
Shareholders in the casino giant have cleared the way for a potential board spill next year after launching a protest vote against executive pay. Over one third of votes cast were against the company'...
Whistleblower reveals 'alarming' scale of money laundering through poker machines
A whistleblower and former employee of ClubsNSW has claimed that money laundering through poker machines is rife in pubs and clubs across the country. In an exclusive interview with the ABC, Troy Stol...
