An Adelaide woman, 52, was yesterday (21 June, 2022) sentenced to more than two years’ imprisonment by the District Court of South Australia for laundering more than $1 million.
The AFP received a referral from the Australian Criminal Intelligence Commission in 2014 containing reports of suspicious transactions to overseas accounts, primarily in Albania, linked to the woman.
Investigations, which included analysis of handwriting and sender details on documents as well as CCTV footage, revealed the woman was completing transactions using fake entities.
Police identified 214 fraudulent transactions undertaken across nine-months, worth a combined value of $1,036,811.85.
Acting Superintendent Rachel Ball said the AFP worked closely with its law enforcement partners to disrupt the movement of proceeds of crime including cash.
“We work tirelessly to disrupt and deter attempts to profit from crime, including people who knowingly assist in money laundering,” Supt Ball said.
“Targeting this crime type provides the AFP with a unique opportunity to disrupt serious organised crime groups by seizing their profits and hindering their ability to fund future criminal enterprises.”
The woman pleaded guilty to two counts of dealing with property reasonably suspected to be proceeds of crime with a value equal to or greater than $100,000, contrary to s400.9 of the Criminal Code Act 1995 (Cth).
She received a head sentence of two years and four months’, with a non-parole period of one year and three months’ imprisonment.
