Man charged after failing to declare excess currency suspected to be proceeds of crime
Joint media release
A 27 year-old UK national has been charged by the Australian Federal Police (AFP) with failing to declare more than $99,000 in Australian currency after he attempted to leave Perth International Airport bound for Thailand yesterday (19 January 2014).
Police will allege the currency was detected during a search of his checked baggage by Australian Customs and Border Protection (ACBPS) officers.
It will be alleged during the search Customs officers found $99,250 secreted in a golf bag plus a further $505 cash contained inside the man’s wallet.
The matter was subsequently referred to the AFP and the man was arrested and charged with:
- Failure to report the movement of physical currency out of Australia contrary to section 53(1)(ii) of the Anti-Money Laundering and Counter Terrorism Financing Act and;
- Dealing with the proceeds of crime - money or property worth $50,000 of more, contrary to section 400.5 (2) of the Criminal Code Act 1995.
These offences carry penalties of two years imprisonment and/or an $85,000 fine and seven years imprisonment and/or a $71,400 fine respectively.
The man will appear in Perth Magistrate’s Court today (20 January 2014).
AFP National Media (02) 6131 6333
Customs and Border Protection Media (02) 6275 6793