Police seized more than $ 1.8 million in cash piled up on a coffee table at a CBD hotel after discovering 250 kilograms of methamphetamine hidden in tire shipments to Melbourne.
Three men were imprisoned after a joint operation between a federal agent and the Victorian Police’s Organizational Crime Countermeasures Headquarters. The $ 1,817,470 seized will be placed in the federal confiscated asset account.
The operation began on March 11, 2020, when federal police intercepted the shipment of approximately 250 kilograms of methamphetamine and arrived at the Port of Melbourne in a shipping container.
The study targeted Southeast Asian syndications with links to Mexico where investigators tracked the origin of the drug. A series of search warrants were executed in apartments and homes throughout Melbourne. Nine days later, the officer confiscated the cash.
Stephen Fry, commander of the AFP-led Criminal Asset Forfeiture Task Force, said one of the unit’s objectives was to deprive criminals of criminal proceeds and profits.
Funds are sent to confiscated asset accounts used for law enforcement initiatives, including crime prevention, intervention and diversion programs.
This unit brings together the resources and expertise of AFP, the Australian Criminal Intelligence Commission, the Australian Tax Office, AUSTRAC, and the Australian Border Force, which work together to track, control, and confiscate criminal assets.
After the investigation, three men were imprisoned in May this year. A 21-year-old man was sentenced to a minimum of 6 years in prison and 11 years in prison.
Police confiscated $ 1.8 million in cash piled up on a coffee table at a CBD hotel
Source link Police confiscated $ 1.8 million in cash piled up on a coffee table at a CBD hotel