4 Articles
4 Articles
Fine Art and Rolexes Among $11 Million in Assets Seized From Crime Syndicate
An asset seizure order has given a glimpse into the lives of members of a large Middle Eastern crime syndicate after expensive watches, jewellery, fine art, and even a yacht have been forfeited to the Commonwealth. The decision in the Supreme Court of Victoria was the final stage of Operation Fuji, led by the Australian Federal Police (AFP) which focused on the syndicate’s access to firearms, large-scale drug importation activity, and extensive …
$11m in properties, yacht, paintings confiscated, to be sold off to fund policing work
Part of a painting of a green tractor recovered by police. Photo: AFP Eleven properties, a yacht, rare paintings, jewellery and investment funds worth more than $11 million have been seized by the Commonwealth. Revenue from the sale of this items will be used to fund further policing efforts, says the Australian Federal Police (AFP). Seized item include a $800,000 luxury yacht, $450,000 in investment funds, five original paintings (by A…
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