PROCEEDS of Crime Squad officers have arrested and charged a 54-year-old Mt Pleasant woman who allegedly ran a wine exportation business for the purpose of laundering money between Australia and Asia.
The arrest follows the execution of a number of search warrants throughout the Perth metropolitan area on April 19.
Acting on intelligence uncovered, police began a complex investigation that involved the analysis of hundreds of financial transactions.
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READ NOWDuring the course of the investigation, they also seized 16 Asian passports and other items including jewellery and cash.
It will be alleged the woman established a wine exportation business based in the South West of WA as a front to launder money to contacts in Asia.
The investigation involved the Australian Taxation Office, the Department of Immigration and Border Protection and the Australian Transaction Reports and Analysis Centre.
The woman has been charged with money laundering, improper possession of a foreign travel document and two counts of unlawful possession.
She will appear in the Perth Magistrate’s Court today.
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