Money Laundering

Real Estate Institute of Queensland chief executive Antonia Mercorella says while her industry welcomes moves to clampdown on money laundering, the requirements on real estate agents go too far.

The Australian government's efforts to crack down on money laundering is facing resistance from certain professions, but failing to do so is leaving the nation well behind the global fight against these financial crimes.

The Federal Court has ordered the operators of Adelaide's Casino to pay $67 million, in a money laundering case brought on by financial crimes agency AUSTRAC.

The ACT Magistrates Court hears lawyer Ben Aulich and accountant Michael Papandrea shouldn't face a trial for allegedly conspiring with an undercover officer to buy a business to help launder money from the sale of illegal cigarettes.

Buying a home? Soon you won't have as much competition from drug dealers, corrupt officials and criminals with dirty money thanks to new laws and a boost to enforcement.

The mastermind of a money laundering and drug dealing scheme linked to an award-winning restaurant has been jailed for over seven years.

A Malaysian pardons board on February 2 halved the jail sentence of Former Prime Minister Najib Razak, who was convicted of graft and money laundering.

More people looking to break into the property market are lying on their loan applications in a desperate bid to try to secure a home loan, according to new data. The struggle to refinance is also getting harder with more interest rate rises in 2024 possible.

A suspected Ponzi scheme that has captured Melbourne racing identities and a senior AFL figure found offering returns of up to 8 per cent before the sudden death of its alleged mastermind last month.

Australia's 888 visa system that has granted 26,000 "golden visas' to the super rich is out of step with the rest of the world, writes Linton Besser.

Australian Federal Police arrest seven people in Melbourne and seize $50 million worth of luxury cars and property as part of a long-running investigation into an alleged money-laundering syndicate it says was operating "in plain sight".

Police will allege the 25-year-old Adelaide Hills man was operating several vendor profiles on the dark web selling a variety of drugs.

The details of an elaborate scam have been revealed in the ACT magistrates court, even though the scammers have never been found.

A rare admission from one of Australia's big banks, ANZ has admitted they could have done more to protect a client who was scammed out of his life savings days before a dementia diagnosis.

Documents have revealed the top 10 worst pubs and clubs for suspected money laundering, where millions of dollars were "washed" through pokies in just 7 weeks.

The suburban venues, located mostly in Western Sydney, were suspected of having "distinct organised groups undertaking suspicious activity" who were contributing to "large-scale money laundering", documents reveal.

Two men from New South Wales will face court today charged with money laundering after a traffic stop on South Australia's Eyre Highway allegedly led to the discovery of more than $2 million in cash stashed in three bags.

NSW MP Alex Greenwich says he has been informed by "reliable sources" the major investigation into money laundering did not reflect its "full extent".

Deputy NSW Coroner Elizabeth Ryan hands down her findings after an inquest into the disappearance of Melissa Caddick — the Sydney woman who went missing in 2020.

AFP Assistant Commissioner Stephen Dametto announces new taskforce dedicated to combating money laundering schemes.