Australia Says Organized Crime In Financial Sector Costing $28B A Year

ORGANISED crime is costing Australia $36 billion a year with professional lawyers, accountants and computer experts increasingly being used to commit crime and hide assets. Read more

Australia’s Largest Bank Looks For New Boss Amid Money-Laundering Claims

Australia’s largest bank has confirmed that it is on the lookout for a new boss, weeks after it was accused of breaching money laundering and terrorism financing laws more than 53,000 times. Read more

Commonwealth Bank Accused of Money Laundering and Terrorism-Financing Breaches

FOREIGN criminal syndicates including major drug traffickers were able to launder millions of dollars through Australia after the Commonwealth Bank allegedly failed to comply with strict money laundering and counter terrorism financing laws and monitor almost 780,000 accounts. Read more

Australia Thwarts ‘Islamic-inspired’ Plane Attack Plot

Police disrupted a terrorist plot to bring down an airplane and arrested four men on Saturday in raids on homes in several Sydney suburbs, the prime minister said. Read more

Three Arrested As Police Bust Alleged Conspiracy To Fly Ice From California To Australia

An elderly pilot is among three men charged after allegedly plotting to make an island-hopping drug run from California to Australia carrying ice worth about $255 million. Read more

Minneapolis Woman Fatally Shot By Police After She Called 911 To Report A ‘Possible Assault’

Justine Damond, a qualified vet and yoga instructor, was remembered as an “angel on earth” and “a guiding light” by loved ones. Read more

Rabbi Sues Australian Jewish Paper Over Sex Abuse Defamation

Rabbi Yosef Yitzchak Feldman is suing the publisher of the Australian Jewish News for defamation, over three articles printed during a Royal Commission investigation of “Institutional Responses to Child Sex Abuse,” The Sydney Morning Herald reported Friday. Read more