Bank News

Drug Rings Use ATMs to Launder Money, Bitcoin Not Involved

AUG 04, 2017 | Jacob J

Austrac, Australia’s financial crime control agency, has alleged that the Commonwealth Bank of Australia had delayed or failed to report more than 50,000 cases of suspicious transactions of cash deposited through its automated cash deposit machines.

57299 | 3

Drug Rings Use ATMs to Launder Money, Bitcoin Not Involved

AUG 04, 2017 | Jacob J

Austrac, Australia’s financial crime control agency, has alleged that the Commonwealth Bank of Australia had delayed or failed to report more than 50,000 cases of suspicious transactions of cash deposited through its automated cash deposit machines.

57299 | 3

Drug Rings Use ATMs to Launder Money, Bitcoin Not Involved

AUG 04, 2017 | Jacob J

Austrac, Australia’s financial crime control agency, has alleged that the Commonwealth Bank of Australia had delayed or failed to report more than 50,000 cases of suspicious transactions of cash deposited through its automated cash deposit machines.

57299 | 3