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    Millions Laundered, Luxury Cars Seized: Major Money Laundering Ring Busted in Queensland

    Queensland Police have successfully dismantled a sophisticated money laundering operation based in Queensland, resulting in the arrest of four individuals and the seizure of millions of dollars in criminal proceeds. The 18-month investigation, a collaborative effort between the Australian Federal Police, Queensland Police, Australian Border Force, and the Australian Criminal Intelligence Commission, uncovered a network allegedly responsible for laundering vast sums of money and smuggling cash across the country. "This operation demonstrates the commitment of law enforcement agencies to combat serious financial crime," stated a spokesperson for the Queensland Police. Among the assets seized were several luxury vehicles, including a high-performance sports car and a luxury SUV, further highlighting the scale of the operation. The four individuals charged are expected to appear in court soon, facing multiple charges related to money laundering and other financial crimes. The successful dismantling of this operation sends a strong message that such criminal activity will not be tolerated and highlights the effectiveness of inter-agency collaboration in combating serious crime.

    2 months ago
    AU
    Queensland
    news summary
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