Australian law enforcement has charged four people who were allegedly behind an “elaborate and calculated” large scale money laundering operation. Over an 18-month period, investigators allege AUD$190 million ($124 million) was channeled through a “complex network of bank accounts, businesses, couriers and cryptocurrency accounts,” to avoid the attention of the authorities. Of course, the source of all this money was alleged illicit activities.
As the purported money laundering operation was so complex, uncovering it meant significant work for multiple agencies and more than 70 staff over the last year and a half.
