Money Laundering Alleged at Sydney Casino

August 18, 2020 Updated: August 18, 2020

A 30-year-old man has been charged with dealing with proceeds of crime after an investigation into suspicious transactions at a Sydney casino.

Last month, the Organised Crime Squad’s Casino and Racing Investigation Unit began an investigation under Strike Force Antree following reports a man had been making suspicious transactions at a Sydney casino.

Strike force investigators say they spoke with a man at the casino on July 21 and, after searching him and his car, seized more than $10,000 cash, $50,000 in casino chips, two mobile phones and documents.

Detectives then executed a search warrant to seize $50,000 cash from the casino, which is alleged to have been produced by the man for a transaction earlier that day.

When detectives searched the man’s Auburn home officers say they found a further $70,000 in cash, a CCTV system and more documents.

The man has been charged with two counts of deal with property proceeds of crime.

Police will allege in court that the man purchased chips at the casino with money believed to be the proceeds of crime on at least two occasions.

The man was granted conditional bail and is due to appear at Downing Centre Local Court on Wednesday.