Members who were allegedly working with a Chinese organized crime syndicate were apprehended as a consequence of a significant money laundering investigation conducted in Australia. The Changjiang Currency Exchange, a money remitter company, is allegedly connected to the money laundering syndicate, according to the operation against money laundering. Over the course of the last three years, police authorities claim that the remitter business has laundered nearly $145.5 million in proceeds obtained through illegal activities.
Remittance networks that transfer money are closely watched in China since they are frequently the target of criminals engaged in drug trafficking, illicit gaming, money laundering, and other crimes. The allegations against the alleged participants in the large-scale money laundering scheme in Australia are still pending confirmation.
Remittance networks that transfer money are closely watched in China since they are frequently the target of criminals engaged in drug trafficking, illicit gaming, money laundering, and other crimes. The allegations against the alleged participants in the large-scale money laundering scheme in Australia are still pending confirmation.
