Police arrest three for money laundering

Two men and a woman have been arrested following an operation by the Financial and Cybercrime Investigation Branch, High Tech Crime Section into their alleged drug trafficking activities on the dark web.

On Monday 22 November, Detectives from SAPOL’s Financial and Cybercrime Investigation Branch and Australian Federal Police searched a home and business address in Adelaide and a property in Kings Park.

One million dollars in cash and $700, 000 of cryptocurrency was seized along with drugs suspected to be cocaine, LSD, cannabis and steroids with an estimated street value of over $150, 000. In addition; Confiscations Section has seized two residential properties and a sports motorcycle, collectively valued at $1.27 million. This is the largest ever seizure of cryptocurrency by SAPOL.

A 27-year-old man and a 32-year-old woman, both from Adelaide, and a 24-year-old man from Kings Park, were arrested and charged with multiple counts of commercial drug trafficking, money laundering and importation of a large commercial quantity of LSD.

All three have appeared in the Adelaide Magistrates Court and were remanded in custody to next appear in court on 24 May 2022.

People using the dark web as a means to remain anonymous while conducting illicit activities should be warned that SAPOL actively investigates offending across dark web marketplaces.

Anyone with information about drug trafficking or illegal activity on the dark web can report it anonymously to police via Crime Stoppers on 1800 333 000 or online at www.crimestopperssa.com.au

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