BOILER ROOM SCAM: Gold Coast men plead guilty to money laundering

A Gold Coast accountant and a company owner have pleaded guilty to money laundering involving an alleged “boiler-room” investment fraud scam.

Anthony Restaino, 45 and Graeme Dwyer, 69, both pleaded guilty in Southport District court yesterday to one count of dealing with property reasonably suspected of being proceeds of crime worth $100,000 or more.

Each of the men were sentenced to 12 months imprisonment but were released immediately upon entering into a $200, two-year good behaviour bond.


ARTICLE CONTINUES AFTER THIS ADVERTISEMENT


The charges related to Operation Lima Violin II, a joint investigation conducted by the Crime and Corruption Commission and the Queensland Police Service.

A number of other people have been charged in relation to the operation and their matters remain before the court.

Subscribe
Notify of
0 Comments
Inline Feedbacks
View all comments