Yahoo Finance $600,000 RAID: Cash thrown all over Sydney yard in panic
Two people allegedly threw hundreds of thousands of dollars of cash around their western Sydney yard and into the neighbour’s property when they realised the police were coming.
The Australian Federal Police seized more than $600,000 during a raid on a house in Bankstown in western Sydney last month, while also arresting a 42-year-old man and a 46 year-old woman.
Both of the accused now face the possibility of three years jail after being charged with dealing with money suspected of being proceeds of crime.
But it seems they panicked when they found the police at their door, with farcical scenes ensuing.
“AFP members located… Australian currency strewn across the ground and over the fence of a neighbouring property, where it had been allegedly thrown upon the arrival of police,” the AFP stated.
“A search of the neighbouring premises revealed $602,624 AUD located in a vacuum-sealed bag.”
Both suspects are scheduled to appear at Downing Centre Local Court on Thursday.
AFP acting commander Peter Bodel said the investigation continues into the money and the activities of the alleged crime group.
“Our message to organised crime groups in Australia is clear – the AFP and its partners will continue to target your money and assets, seize them, and prosecute you to the fullest extent possible.”
The revelation comes after the AFP this week arrested and charged a Sydney man for allegedly making $300,000 through on-selling stolen Netflix and Spotify accounts.
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