Man charged as part of investigation into international money laundering syndicate – Sunshine West

Detectives from the Financial Crime Squad charged a man yesterday as part of an investigation into an international money laundering syndicate.

A 27-year-old Sunshine West man, who is also an Indian national, was arrested at a shopping centre on Harvester Road on Tuesday, 28 May.

His vehicle was then searched and police located mobile phones, EFTPOS terminals, a large number of banks cards and identity documents under various names, along with a large quantity of cash.

Detectives then executed a warrant at his Sunshine West address and seized almost 250 bank cards and identity documents under a variety of names, mobile phones and cash.

The man was interviewed by police and subsequently charged with 22 counts of knowingly deal with proceeds of crime.

He has been remanded in custody to appear at Melbourne Magistrates’ Court this morning.

Police will allege that the man had been using the false identification documents to receive stolen money and then send it via various transfer services to India.

Detectives have identified over $200,000 worth of suspicious transfers.

The investigation remains ongoing.

Anyone with any information on organised crime activity is urged to contact Crime Stoppers on 1800 333 000 or make a confidential report at www.crimestoppersvic.com.au

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