CANBERRA, ACT, July 4 -- Australian Federal Police issued the following media release:

Editor's note:Arrest vision available via Hightail

A North Shore manis scheduled to appearbeforethe NSW Bail Division Courttoday(4July,2026) chargedafterallegedly laundering$2.4millionof criminalproceedsthrough his construction business.

AFP-led TaskforceAvarusbegan investigating the man,45,following ajoint AFP and NSW Police investigation last December,which led to four men being chargedfor laundering $150 million in illicit cash.

The men are alleged to be members of a sophisticated money laundering syndicatewhichallegedlylaundered illicit cash on behalf of an organised crime group.

Analysisof devices seizedduring this investigation led to policeide...