An illegal cryptocurrency dealer who laundered dirty cash for drug dealers and bought millions of dollars of assets including a $421,000 Lamborghini sports.
NZ POLICE
Police seized eight luxury cars when they carried out search warrants across Auckland as part of Operation Martinez. This video was originally published in November 2020.
With money laundering prosecutions on the rise and about $1.35billion laundered through businesses annually as a result of fraud, illegal drugs, tax evasion and other crimes, is New Zealand enforcement doing enough? The Paris-based Financial Action Task Force (FATF) is the global money laundering and terrorist financing watchdog, setting standards for more than 200 countries and jurisdictions to help authorities combat serious crime including drug smuggling, human trafficking and terrorism. FATF reports identify what countries are doing right - and where they need to improve - in relation to anti-money laundering and counter-terrorist financing frameworks.