Crime syndicate

The Sino-Australian crime syndicate has come to an end. It was headquartered in Sydney. This structure allowed money to be laundered by transnational criminal groups. Money moved through multiple jurisdictions. Among the methods daigou was the most common way of buying goods from overseas Chinese, goods being bought and shipped to China. More than $150 million was laundered through casinos, underground bank transfers and money transfer systems. More than $100 million worth of property was confiscated - real estate (mansions), cash, cryptocurrency, luxury goods.
The syndicate used the services of an illegal broker in Australia, as the law prohibits Australians from transferring large sums of money from China. Customers were asked to deposit the value of the money received into an account in a Chinese bank controlled by the group and a 10% commission was charged.