Terror investigators have dismantled an illegal tobacco importation syndicate operating in Sydney’s south-west, arresting eight men.
Police looking into terrorism funding in New South Wales uncovered the criminal syndicate that was allegedly involved in the importation of illegal tobacco, drug supply and large-scale money laundering.
It’s alleged the group was involved in the supply of seven tonnes of tobacco products worth more than $1.8 million.
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They’re also accused of helping to illegally import 475,000 packets of cigarettes, avoiding $9 million in excise, and laundering $1.2 million in proceeds of crime.
Two men were arrested at a cafe in Sydney Olympic Park this morning with Police finding $12,000 cash on one of them.
Officers then executed search warrants at 19 homes, businesses and storage units across the south-west, seizing large quantities of illegal tobacco and cigarettes, luxury goods including watches and handbags as well as cash.
Six more men aged between 27 and 42 were arrested.
Police expect to charge all eight men with with various offences relating to tobacco smuggling, money laundering, and their roles in a criminal group.
Police have assured the community there is no current or impending threat.