A police officer in New South Wales was found to sell more than 1.3 million Australians in family gold bars to support his addiction in gambling.
The LECC Law Ear -Conduct Committee (LECC) revealed a police officer in New South Wales sold more than $ 1.3 million ($ 860,000) to support him Gambling. It was found that the officer had been involved in a serious misconduct after taking 12 golden bar, each weighing 50 ounces, from his family. They belonged to his uncle and were stored under his mother’s house.
“Gambling is not only draining bank accounts, but people who are desperate people can lead to crime.” Brendan Thomas, CEO of Austra
The officer continued to forge the models to sell bars to two separate merchants, claiming that gold was a family gift or inheritance. He used money from sales to gamble on sports applications, and later admitted to wrong information.
Intelligence from the Australian Transaction Reports Center and Analysis (AustraFor the first time Investigation (Amazing the Darrtur process), with suspicious transactions. Specifically, gold sales reported possible money laundering links.
The effect of gambling addiction
Darmur operation resulted in the resignation of the officer from the New South Wales Police Force, with more investigations by the Public Prosecution Department. The CEO of Austra Brendan Thomas said that the case had confirmed the criminal risks facing the alloys sector.
“Gambling damage “Not only does it drain bank accounts, but people who are desperate people can lead to the crime. When gambling turns into addiction, people often search for fast money and can mean stealing, fraud or money laundering,” said Thomas.
“The alloys are portable, valuable and attractive for people who want to use it illegally. If you are trading in alloys, you are part of the confrontation line to stop its exploitation.
“Your AML/CTF controls are the difference between being a reliable merchant or a weak link to the crime. Every treatment is a potential red sign – you have to look twice, and if necessary, report it.”
Austrac organizes gold and alloys, and tracks possible transactions such as those reported above. From July 1, 2026, the organization will include merchants in minerals and precious stones in its operations.
Distinctive image: Wikimedia rumorsLicensed under CC By-SA 4.0
Pamphlet Australian police officer sells $ 1.3 million in golden bars to finance gambling First appear on reading.
[og_img]
Source link