Australia has long cooperated with China in an effort to crack down on money launderers. Photo: AFP
Australia has long cooperated with China in an effort to crack down on money launderers. Photo: AFP
Australia

Australia seizes real estate from Chinese national after joint money-laundering probe

  • Melbourne properties valued at US$2.93 million were owned by 32-year-old who had been using an assumed name and had moved to the Caribbean
  • China’s main policing agency had sought Australia’s help in 2016 to identify two people it said had defrauded investors

Australia has long cooperated with China in an effort to crack down on money launderers. Photo: AFP
Australia has long cooperated with China in an effort to crack down on money launderers. Photo: AFP
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