Police storm luxury waterfront unit and towers in Sydney CBD and Barangaroo 

Police have made a serious arrest throughout an early morning raid as a part of investigations into alleged cash laundering and different illicit actions in Sydney‘s CBD. 

Closely armed officers executed search warrants at luxurious waterfront models in Pyrmont and Barangaroo early Wednesday morning as a part of an investigation into an alleged prison syndicate working within the CBD. 

Dramatic footage obtained by 9 Information reveals police storming right into a Pyrmont unit at an residence complicated on Pirrama Street, the place they arrested a 34-year-old man.

Sporting a T-shirt, shorts and hiding his face with a jumper, the person was escorted from the complicated in handcuffs as shocked neighbours out on their early morning walks watched on.

He was taken to The Rocks Police Station, the place he was charged with knowingly coping with the proceeds of crime with intent to hide.

The person was refused bail to look in Central Native Courtroom afterward Wednesday.

A person (pictured) has been charged with cash laundering after he was arrested at a Pyrmont unit throughout an early morning raid

Police executed additional search warrants at Barangaroo and Chifley Tower within the CBD.

Officers allegedly seized cocaine, hashish, documentation, and different objects for additional forensic examination through the raids. 

‘This investigation continues to be underway, there are extra aspects and that is simply the primary stage,’ Organised Crime Squad Commander Detective Superintendent Rob Critchlow instructed reporters on Wednesday afternoon.

‘What we’re alleging is that members of sure teams in Sydney are offering cash to folks to facilitate the the laundering of these proceeds into different actions reminiscent of shopping for property, luxurious watches, hiring motor autos and renting very costly premises in Sydney to cover the origin of these funds.’

‘This investigation is fascinating because it reveals the depth and scale of the motion of monies utilizing enterprise constructions and different strategies to cover the illegal features.’

Closely armed police stormed the Pyrmont unit round 6.30am on Wednesday as a part of ongoing inquiries into an alleged prison syndicate working within the Sydney CBD

Organised Crimes Squad detectives established Strike Drive Metropolis in July to research the actions of a syndicate allegedly concerned in laundering massive quantities of money via a number of companies positioned in Sydney’s CBD. 

Their inquiries uncovered a syndicate allegedly utilizing money to fund the acquisition of funding properties and working prices of different related companies.

Detective Superintendent Critchlow mentioned a automobile stopped in August resulted in a bag containing $150,000 in money and different proof being seized.  

Intensive investigations led to the search warrants carried out on Wednesday.

Police will allege the person arrested was beforehand recognized to police and has ‘attention-grabbing connections’, together with earlier hyperlinks to the Brothers for Life gang. 

The person (pictured being escorted from the Pyrmont residence complicated) will face Central Native Courtroom on Wednesday afternoon 

‘At the moment’s search warrants uncovered some cellular telephones, some paperwork and information,’ Detective Superintendent Critchlow mentioned.

‘A variety of folks we’ll communicate to within the subsequent few weeks needs to be very involved about what we discovered immediately.’

Police will allege the person arrested has a variety of associations with the prison component of Sydney, which can be investigated additional.

‘There are additionally different allegations on this investigation in relation to the misuse of Covid vaccination certificates and forgery of official paperwork,’  Detective Superintendent Critchlow added.

‘This inquiries will proceed and we actually search the the general public’s help in relation to this.’