Organised Crime Gangs Group (Criminal Economy Team)
Detectives from the State Crime Command’s Criminal Economy Unit have charged a second person in relation to alleged money laundering activity linked to an overseas business.
A 32-year-old Underwood man was arrested this morning and has been charged with money laundering and fraud-related offences. This arrest follows a related arrest made last week. On 29 August a 24-year-old Chinese university student was arrested in Brisbane and charged with similar offences.
It is alleged both men assisted a third man in 2015 by allowing a total of $615,000AUD to be transferred into Australia from China.
Police this morning seized a four-wheel drive in connection with the case. This seizure follows an earlier seizure of a 2017 Maserati sports car suspected to have been purchased with the proceeds of crime.
Detective Senior Sergeant Jason Gough from the Criminal Economy Unit said the investigation remained ongoing “On consecutive days in mid-2015, this particular business transferred money to the two individuals who we allege were associates of the third man. The money was transferred to their personal bank accounts with approximately $380,000 going into one account and $230,000 to the other”.
Detective Senior Sergeant Gough has warned members of the public against assisting others with the movement of money via banking transactions. “If you are approached to send or receive money or perform a financial transaction on behalf of another person, you should scrutinise that situation carefully. You may well be committing a criminal offence”.
Both men were granted bail and are expected to appear at the Brisbane Magistrates Court on September 27.
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You can report information about crime anonymously to Crime Stoppers, a registered charity and community volunteer organisation, by calling 1800 333 000 or via crimestoppersqld.com.au 24hrs per day.
Source: Brisbane Crime Alert
