Police seize $260k in cash after suspicious transactions at Brisbane casino, woman charged
Tuesday 8th December 2020
Queensland police have seized $260,000 in cash after charging a 45-year-old woman with money laundering following a police investigation into alleged suspicious transactions at a Brisbane casino.
The Kelvin Grove woman was issued with a Notice to Appear in the Brisbane Magistrates Court charged with money laundering and possession of tainted property.
Police said the charges stem from a five-month investigation that was sparked after officers received reports of suspicious transactions at a Brisbane casino.
Officers searched a Kelvin Grove home in August as part of the investigation, where they seized $260,000 in cash along with financial documentation and electronic items.
Police will allege the woman purchased casino chips with $40,000 cash believed to be from the proceeds of crime.
Detective Acting Superintendent Ben Fadian from the Financial and Cyber Crime Group said investigations were continuing into syndicate links and further charges could be laid.
"This arrest highlights the ongoing focus of police, working with partner agencies in targeting those individuals and criminal syndicates laundering criminal proceeds," Detective Acting Superintendent Fadian said.
"To anyone considering accepting money from an unknown or untrusted source -- be it electronically by letting your bank account be used by a third party or by 'washing' cash received -- know that this is money laundering, a serious offence, that will bring you under the scrutiny of law enforcement."
The woman is due to appear in Brisbane Magistrates Court on February 24.