Detectives from the Financial and Cyber Crime Group yesterday charged a 45-year-old woman as part of an ongoing investigation into money laundering activity.
The Kelvin Grove woman was yesterday issued with a notice to appear charged with one count each of money laundering and possession of tainted property (cash).
The charges follow a five-month investigation that commenced after police received reports of suspicious transactions at a Brisbane casino.
Police will allege in July the woman purchased casino chips with $40,000 cash believed to be from the proceeds of crime.
As part of the investigation, detectives issued a search warrant on a Kelvin Grove residence on August 15, where $260,000 cash was seized, along with financial documentation and electronic items.
Detective Acting Superintendent Ben Fadian from the Financial and Cyber Crime Group said investigations are continuing into syndicate links and further charges may be laid.
"This arrest highlights the ongoing focus of police, working with partner agencies in targeting those individuals and criminal syndicates laundering criminal proceeds.
"To anyone considering accepting money from an unknown or untrusted source - be it electronically by letting your bank account be used by a third party or by 'washing' cash received - know that this is money laundering, a serious offence, that will bring you under the scrutiny of law enforcement," Detective Acting Superintendent Fadian said.
The woman is due to appear in Brisbane Magistrates Court on February 24.
If you have information for police, contact Policelink by providing information using the online suspicious activity form 24hrs per day at www.police.qld.gov.au/reporting.
You can report information about crime anonymously to Crime Stoppers, a registered charity and community volunteer organisation, via crimestoppersqld.com.au 24hrs per day.
