A joint agency investigation involving the WA Police Organised Crime Squad, AUSTRAC and Australian Crime Commission (ACC) through the Eligo National Task Force has resulted in charges related to international money transfers and the suspension of a money transfer business.
The investigation commenced in October 2014 after intelligence generated by AUSTRAC regarding suspicious money transfers involving a Perth-based remittance business.
The investigation culminated in search warrants in May and again last week, which resulted in the seizure of $337,690 cash and charges against two men, as follows
- A 25-year-old Perth man charged with 11 counts of Recklessly Dealing in Proceeds of Crime (Commonwealth charge);
- A 28-year-old Yokine man charged with 12 counts of Recklessly Dealing in Proceeds of Crime (Commonwealth charge).
Separate to the criminal charges, AUSTRAC acted swiftly to suspend the registration of the money transfer business operated by the Perth man, Global Forex (Perth) Pty Ltd (GF Perth).
GF Perth has been removed from AUSTRAC’s Remittance Sector Register and it is now illegal for the business to provide remittance services while the suspension applies.
Intelligence gathered during this investigation also led to the seizure of 4.65kg of methylamphetamine and $466,500.
The 25-year-old Perth man is due to appear in the Perth Magistrate’s Court today (Friday July 31, 2015).
The 28-year-old Yokine man is due to appear in the Perth Magistrate’s Court on
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