How frustrating it must be for the regime in Beijing to have the technology to track every Chinese citizen under a social credit scheme — yet remain stymied in their efforts to curb these dastardly criminals.
– Australian Federal Police have charged nine people after smashing an alleged Chinese-Australian money laundering syndicate.
– The group allegedly moved an estimated $10 billion out of Australia while amassing a blue-chip property portfolio in Sydney.
– Police have seized properties and luxury assets worth at least $150 million.
– Two of the charged suspects are alleged Chinese-Australian gangsters in Sydney, with a combined personal fortune estimated at more than $1 billion.
– The pair are accused of accumulating wealth by becoming the Australian-based bankers of choice for international drug cartels and wealthy Chinese nationals seeking to circumvent China’s capital-flight laws.
Federal agents have dismantled an alleged Chinese-Australian money laundering organisation that moved an estimated $10 billion offshore while amassing a blue-chip property portfolio comprising Sydney mansions, a luxury city building and hundreds of acres of land near Sydney’s second airport.
On Wednesday, Australian Federal Police officers seized properties and luxury assets worth at least $150 million and arrested and charged nine suspects, including two alleged Chinese-Australian gangsters in Sydney with a combined personal fortune estimated at more than $1 billion.
The arrests bring to an end a property-buying spree that one official source said included land purchased for a new Sydney suburb owned and developed by Chinese organised crime near Sydney’s new international airport.
The landmark AFP operation uncovered an industrial-scale shadow-banking organisation that stretched from Australia to Asia, the Caribbean, Switzerland, America and the United Arab Emirates, and which facilitated the purchase of Australian real estate that police sources suggest might be worth billions. The syndicate, alleged to be responsible for the money laundering, was deemed to be such a risk to the national interest it was designated an Australian Priority Organisation Target by the Australian Criminal Intelligence Commission last year.
The AFP operation, and the fact that the organisation targeted is just one of several large money-laundering syndicates operating in Australia, will raise fresh questions about the role of foreign funds in inflating the nation’s property market and other legislative and policy gaps in the financial and migration systems that continue to be exploited by criminals.
Police have also seized cryptocurrency and are examining how the syndicate used crypto exchanges to transfer tainted funds around the world without drawing the attention of authorities, according to confidential sources with knowledge of the investigation.
AFP address the media following international money laundering arrests.
Hey, remember that report about the 11 Canadian politicians compromised by Chinese funding? The one that just sorta went away?
Via Sam Cooper, who soldiers on doing the lonely work of real journalism.
Related: “That balloon should have been blown sky high the minute that it crossed US airspace.”
Here in Belize, ALL of the food stores are owned by Xhinese. You want to eat, you hand your money to the Xhinese. What would it take to starve out the 400K residents and 1million tourists?
One phone call.
Then those stores would be looted by *ahem* … the blax… and you’d be doin yer shopping down at the ghetto flea market
Kenji learn to code, it’s called the ‘ 13% ‘.
“Compromised” is the Joint Chiefs of Staff blithely watching a Chinese balloon hovering over nuclear missile sites in Montana.
Joint Chiefs of Staff be all like…”we’re monitoring the situation”. Okey dokey.
At least that’s what we’re told it is. Matt Walsh is going all in with his alien spacecraft theory.
At ease, Matt.
Theresa Tam
Theresa Tam FRCPC (Chinese: 譚詠詩; born 1965) is a Canadian physician and public servant who currently serves as the chief public health officer of Canada, …
Her advice certainly wasn’t in Canadians best interest.
1965!? Holy hell, I’d have guessed closer to 1865…
Fck yeah. She’s 40 mile of bad road.
Hey, remember that report about the 11 Canadian politicians compromised by Chinese funding? The one that just sorta went away?
Well I certainly do.
And when another politician gets upon their hind legs and bleats about reporting on this being “xenophobic”, I say to myself, “I guess its at least 12 then…”
“Hey, remember that report about the 11 Canadian politicians compromised by Chinese funding? The one that just sorta went away?
Well I certainly do.”
Me too. I also remember a time, not so long ago, when actual investigative reporters would have latched onto this story like pit bulls and rooted out the names of those 11 MPs.
Any more these days I am starting to root for the crooks that are not government crooks.
Well … there WAS a reason many Americans CHEERED for Bonnie and Clyde in the 1930’s …
V, the enemy of my enemy…
What was the nationality of the masked horse men trampling Canadians in Ottawa. Have any of them been identified?
Just asking.
L – “Indict the Crime Minister” is the bumper sticker/lawn sign that has been strangely missing
from the past few federal elections.
“U.S. — Americans are up in arms after a Chinese high-altitude spy balloon was seen hovering over sensitive nuclear sites in Montana. Biden was quick to quell fears, vowing to shoot down the hostile balloon as soon as he’s done letting it spy.
“Listen folks, that balloon came a long way to do a little spyin’,” said Biden… ”
https://babylonbee.com/news/biden-says-hell-shoot-down-chinese-spy-balloon-as-soon-as-hes-done-letting-it-spy
*what would Reagan or Trump have done here? Does Brandon know where Montana is?
If Trump was President China wouldn’t even try this. How much proof do people need that Joe is a Chinese asset?
And of course, there’s only the one balloon… And it wouldn’t possibly have the next plandemic on board, or be a test run for same…
The Liberal Party and the CCP have been criminal partners for years.
Back to the PowerCorp and Chretien and Martin Days.
How did Trudeau increase his net worth from 10M to 383m in 1 year?
https://www.civilianintelligencenetwork.ca/2020/08/26/operation-sidewinder-the-chinese-invasion-of-canada/
Theft. Grift.
Yep. The old fashioned way.
What people are noticing in Alberta is what we call Chindians. The CCP is teaming up big time with the Indians.
Probably nothing.
The spy balloon over Montana…really? A balloon? When we have satellites and spy planes. Makes me think the Chinese are doing this as a giant F-Woo.
“That balloon should have been blown sky high…”.
No, President Biden and Secretary of State Blinken would not permit it, so as not to hurt Xi Jinping’s sensitive feelings.
If they really wanted it blown they would have sent Kamala to do it.
ding ding! You win the interwebs this Friday morning!
Buddy
LMAO…100% Bang da fk on..,!!
99 Gook Balloons!
https://youtu.be/Fpu5a0Bl8eY
My absolute FAVORITE foreign language song of all time. Mmmmmmm … Nena
And what happens when it’s 99 Jet Airplanes?
99 Düsenflieger
Jeder war ein großer Krieger
Hielten sich für Captain Kirk
Es gab ein großes Feuerwerk
Die Nachbarn haben nichts gerafft
Und fühlten sich gleich angemacht
Dabei schoss man am Horizont
Auf 99 Luftballons
The only crime here is that these good men aren’t being lauded for bypassing the state’s arbitrary curbs on moving money. Money laundering is heroic.