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Chinese criminals allegedly using Tasmanian farmland to money laundering

A Chinese national is removed from Australia for economic crimes

A Chinese national is removed from Australia for economic crimes Source: AUSTRAC

AFP gains properties from Chinese nationals over money-laundering allegations.


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By Stergos Kastelloriou

Presented by Themi Kallos

Source: SBS




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AFP gains properties from Chinese nationals over money-laundering allegations.


Police have seized $17.3 million worth of assets, including a Melbourne mansion and Tasmanian farm, while they investigate two Chinese nationals they suspect laundered money in Australia.

Chinese authorities suspect the pair made approximately $23 million through real estate and bank fraud in China before moving the money to Australia in late 2012 by purchasing or developing properties.


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