Tobacco smuggling bust finds $1 million in Templestowe home
Nearly $1 million in cash was seized at a home in Melbourne’s north east after a police bust of an alleged tobacco smuggling ring.
Four men and two women, all Chinese nationals, were arrested in Templestowe on Monday night after a raid by Australian Federal Police and the Australian Border Force.
Police believe the group imported 2.5 million cigarettes, evading duty and excise taxes of $1.75 million and are part of a syndicate which has laundered at least $11 million over the past six months.
The operation uncovered the cash after getting intelligence from Chinese authorities. The investigation began earlier this year when the border force identified an illegal tobacco importing network.
Related Posts
Agri stakeholders hail new anti-smuggling law
A coalition of agriculture stakeholders hailed the signing of Republic Act...
Foreign currency hidden in mixer-grinder found in train, 2 Bangladeshis arrested
The Border Security Force (BSF) seized foreign currency valued at over Rs 81...
Black Country cigarette smuggler jailed for three years
Gulan Shaikh, aged 64, of Essington Road, Willenhall, was spotted using a mobile...
Terror Financing And The Black Market Cigarette Trade
In Pennsylvania last month, state representatives Russ Diamond and Rick Saccone...