Cybercrime Squad detectives have charged a further six people as part of an investigation into a criminal syndicate accused of laundering money using cryptocurrency. In October detectives from the State Crime Command's Cybercrime Squad established Strike Force Curns to investigate a criminal syndicate involved in cyber-enabled money laundering. Last month, detectives arrested a 30-year-old man and seized $1 million cash during a vehicle stop at Strathfield. Police will allege in court the man was involved in the cryptocurrency money laundering syndicate and deposited cash into fraudulent bank accounts. Police will allege in court the woman was involved in the cryptocurrency money laundering syndicate and dealt with proceeds of crime to the value of $3 million.

Source: Daily Mail March 10, 2021 22:06 UTC