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Lloyd Jones

'Kingpin' charged in money-laundering racket bust

Tobacco Police NT Police

Police arrested a man after more than $9 million in revenue was linked to tobacco and vape sales. (HANDOUT/AUSTRALIAN BORDER FORCE)

The alleged "kingpin" of a major money-laundering racket has been charged after a months-long probe identified more than $9 million linked to illicit tobacco and vape revenue, police say.

A 33-year-old man faces up to 20 years in prison following his arrest in a sting in central Darwin on Wednesday that seized thousands of vapes, almost 17,000 nicotine products and more than $70,000 in cash.

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