Financial Crime Financial Crime

Crown Resorts unit faces Australian money-laundering investigation

By Ben Lucas
  • 18 Oct 2020 23:49
  • 19 Oct 2020 19:41
Crown Resorts said today that one of its subsidiaries is being investigated by Australia’s anti-money laundering agency.

The Australian casino operator said that the agency, known as Austrac, has initiated “a formal enforcement investigation” into the compliance of Crown Melbourne with the country’s anti-money laundering legislation.

Austrac “identified potential non-compliance” with the law

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