PHOTO: Australian Federal Police officers seized properties and luxury assets worth at least $150 million
Federal agents have dismantled an alleged Chinese-Australian money laundering organisation that moved an estimated $10 billion offshore while amassing a blue-chip property portfolio comprising Sydney mansions, a luxury city building and hundreds of acres of land near Sydney’s second airport.
On Wednesday, Australian Federal Police officers seized properties and luxury assets worth at least $150 million and arrested and charged nine suspects, including two alleged Chinese-Australian gangsters in Sydney with a combined personal fortune estimated at more than $1 billion.
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