A man facing three money laundering-related charges pleaded not guilty at Auckland District Court. Photo / FileA man has pleaded not guilty after police restrained more than $10.2 million worth of assets and arrested 10 people as the result of an extensive money laundering investigation. Others face multiple charges each including money laundering, obtaining by deception and possessing methamphetamine, cannabis and cocaine for supply. Operation IdaThe action comes as part of an investigation by the Financial Crime Group into money laundering and other offences. "This is a timely reminder for anyone involved in this sort of activity that money laundering is not a victimless crime."

Source: New Zealand Herald April 13, 2021 01:18 UTC