Organised Crime Squad detectives have seized $1.3 million during a vehicle stop on the Central Coast overnight under Strike Force Mactier.
Strike Force Mactier, estabslihed by State Crime Command's Organised Crime Squad, worked in collaboration with the Australian Criminal Intelligence Commission (ACIC) as part of an ongoing investigation into alleged money laundering offences by organised crime groups across Sydney.
About 1.30pm yesterday (Tuesday 7 May 2024), strike force detectives, with assistance from officers attached to Traffic and Highway Patrol Command, stopped a Toyota SUV at a service station on the M1 Motorway, near Wyong.
During the stop detectives have located and seized $1.3 million of Australian currency in the vehicle.
The driver, a 40-year-old man, was arrested and taken to Wyong Police Station.
About 7.50pm, strike force detectives then executed a search warrant at a home on Herring Road, Macquarie Park, where they seized $4700 and information detailing several banks accounts containing a further $250,000.
The 40-year-old was charged with knowingly deal with proceeds of crime.
Detectives will allege in court the man was involved in a significant money laundering operation working within Sydney.
He was refused bail to appear before Wyong Local Court today (Wednesday 8 May 2024).
Investigations under Strike Force Mactier are continuing.
