Tag: Wei Wang

Chinese Nationals Jailed for $60 Million Money Laundering Scheme in Melbourne

Money Laundering Charlene Lensburg - August 8, 2024

Money laundering is a huge global phenomenon. Two Chinese nationals have been sentenced to prison for their involvement in a substantial money laundering operation, processing over $60 million in suspected proceeds of crime. Boliang Liu and Tao Zhou were key figures in a syndicate that used cryptocurrency, foreign bank accounts, and ATMs across Melbourne’s eastern suburbs to launder the funds.

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