Fourth man charged over money-laundering
A fourth person has been charged over an alleged $100 million money-laundering syndicate operating in southwest Sydney.
The 30-year-old man was arrested at Sydney airport as he was preparing to board a flight for New Zealand about 8am on Friday.
Police allege the man was a member of the syndicate and attempted to defraud an investment company in Singapore of $2.5 million.
He was refused bail and appeared at Central Local Court on Friday, and will reappear at the same court on Tuesday.
Three people, two men aged 29 and 30 and a 30-year-old woman, are already before the courts. Police allege the group has been operating since 2016 and laundered in excess of $100 million..
© AAP 2019