A Surfers Paradise man has been charged with laundering a huge amount of cash linked to an alleged drug syndicate.
It comes after detectives from the Gold Coast Major and Organised Crime Squad executed a search warrant at a home in Burleigh Waters yesterday, seizing a 2008 Peugeot 308.
Police allege the man used the vehicle to transport $2.6 million in cash to another member of the drug syndicate.
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The 38-year-old has been charged with one count of money laundering and is due to appear in the Southport Magistrates Court on March 11.
As part of the ongoing investigation, detectives also executed search warrants at a Bundall home in September last year and on February 4, where they seized $290,000 and $1.6 million in cash, two firearms and three luxury vehicles.
South East Region MOCS Detective Inspector Craig McGrath said the ongoing commitment from officers to disrupt criminal activity in the area was evident in this ongoing investigation and most recent arrest.
“Along with our partner agencies, our focus is to dismantle serious organised crime groups and prosecute those involved,” Detective Inspector McGrath said.
“We will continue to investigate, identify and seize proceeds of crime including cash and assets.”