Federal police have dismantled a Chinese money laundering syndicate that turned over $10 billion in three years.

The Changjiang Currency Exchange - which had 12 outlets across the country - was believed to be a front to move criminals’ cash and cryptocurrency offshore; the group’s leaders were all arrested in Melbourne’s eastern suburbs after raids across the country.

Federal police have dismantled a Chinese money laundering syndicate that turned over $10 billion in three years.
The Changjiang Currency Exchange - which had 12 outlets across the country - was believed to be a front to move criminals’ cash and cryptocurrency offshore; the group’s leaders were all arrested in Melbourne’s eastern suburbs after raids across the country.

Perth Today will keep you up to date with all the latest breaking stories and issues on 6PR Mornings.

Perth Today will keep you up to date with all the latest breaking stories and issues on 6PR Mornings.

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