Subscribe to our newsletter

Forensic accountants instrumental in bringing down money laundering tattoo business

The ACT government has funded two forensic accountants to bring down criminal gangs engaging in money laundering. 

Forensic accountants instrumental in bringing down money laundering tattoo business
smsfadviser logo
  • Maja Garaca Djurdjevic
  • July 31, 2019
share this article

A tattoo business allegedly laundering money from criminal activities has been shut down by ACT Policing with the help of two forensic accountants.

Minister for Police and Emergency Services Mick Gentleman said the successful operations sent a strong message to criminal gangs.

"The ACT government funded two forensic accountants who were instrumental in the business shutdown, along with our broader funding for Task Force Nemesis. We are equipping ACT Policing with the tools and resources they need to combat organised crime," said Mr Gentleman. 

"I commend the ACT Policing Investigators and Officers who were involved in these operations."

Attorney-General Gordon Ramsay said the shutdown and seizure demonstrated how the ACT's laws helped to disrupt criminal gangs and deprived criminals of the proceeds of crime.

"The government's thorough legal framework designed to dismantle and tackle organised crime through the confiscation of criminal assets is clearly working," minister Ramsay said.

"These measures will continue to disrupt organised crime groups by preventing their capacity to invest illegally obtained funds into what appear to be legitimate businesses.

"Our legislation has strengthened public safety in our community and is helping ensure that organised crime groups do not escape justice." 

Receive the latest Public Accountant news,
opinion and features direct to your inbox.

related articles