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AAP
AAP
National
Jack Gramenz

Woman's 10 mortgages 'laundered illegal tobacco funds'

Tobacco Police
The arrest and charging of a woman follows a six-month investigation into suspected organised crime. (HANDOUT/NSW POLICE)

A woman has been charged over an alleged multimillion-dollar mortgage fraud to launder funds on behalf of a crime gang selling black market tobacco.

Xiaoli Xue, 36, has been accused of fraudulently inflating her income to secure 10 home loans worth almost $7 million since 2020.

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