Australian police said a Sydney-based group helped several international criminal gangs launder money. File photo: AAP/dpa
Chinese-Australian money-laundering ring busted in Sydney, assets worth more than US$106 million seized
- Police said the Sydney-based group ‘acted like an underground bank and had branches all around the world’
- Authorities also charged nine members of the organisation and confiscated items including cryptocurrency, watches and jewellery
Australian police said a Sydney-based group helped several international criminal gangs launder money. File photo: AAP/dpa