Australian authorities have charged seven people with helping launder hundreds of millions of dollars for a Chinese crime syndicate.
Police said Thursday the arrests came after a 14-month investigation that involved multiple Australian agencies and the U.S. Department of Homeland Security. They said it was the most complex money laundering investigation in the nation's history.
“It was just a gut feeling - it didn't feel right,” Dametto said in a statement. “Many international students and tourists had returned home, and there was no apparent business case for Changjiang Currency Exchange to expand.” “We allege they lived the high life by eating at Australia's most extravagant restaurants, drinking wine and sake valued in the tens of thousands of dollars, traveling on private jets, driving vehicles purchased for A$400,000 and living in expensive homes, with one valued at more than A$10 million,” Dametto said.
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