Date Time
Police update: additional charges in money laundering investigation at Townsville
Detectives from the Crime and Intelligence Command’s Major and Organised Crime Squad (MOCS) Northern Region have charged an additional two people following the closure of Operation Sierra Avalanche, an investigation into alleged money laundering.
A 26-year-old Burdell man was charged yesterday (May 10) with one count of dealing in the proceeds of crime over $100,000.
Police will allege the man laundered over $800,000 in cash between April and August 2020.
A 38 year-old Oonoonba man was charged on May 5 with one count each of money laundering over $100,000, dealing with instrument of crime, possession of tainted property, possession of a thing used in the commission of a crime, possession of drugs and three counts of conducting transactions to avoid reporting obligations.