Australian Federal Police have seized over $2.5 million in luxury assets following a series of raids on the Gold Coast.
Officers executed the search warrants on a Gold Coast business and house on 14 March, where they obtained orders restraining assets including a water-side home in Surfers Paradise valued at $1.5 million, a semi-rural block in NSW valued at $1 million, a 2016 Porsche Macan valued at $130,000 and a number of bank and trust accounts.
More than $200,000 in cash was also found and seized.
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The raids were part of an investigation into a 47-year-old Gold Coast woman accused of making money through crime and lying to authorities about her earnings.
“Police will allege the woman’s possessions were inconsistent with her declared earnings and have been obtained via unlawful means,” AFP said in a statement.
Civil proceedings under the Proceeds of Crime Act 2002 have commenced in relation to the following suspected offences:
- Use a false document contrary to section 137 of the Anti-Money Laundering and Counter Terrorism Financing Act 2006 (Cth) (AML/CTF Act);
- Providing false information to a reporting entity contrary to section 136 of the AML/CTF Act 2006 (Cth);
- Receiving a designated service using a false customer name contrary to section 140 of the AML/CTF Act 2006 (Cth);
- Obtain a financial advantage by deception contrary to section 82(1) of the Crimes Act 1958(Vic); and
AFP said “no criminal charges relating to the assets have yet been laid on any persons at this time.”