Monday, January 18, 2010

Man laundered $500,000 in casino: police, by Katelyn Catanzariti - 13th January 2010

A Chinese national accused of laundering $500,000 headed straight to a casino after withdrawing the cash, police say.

Zheng Tan, from Wollstonecraft in Sydney's north, spent his 30th birthday in jail on Tuesday after being charged with eight counts of laundering more than $500,000 last month.

Police allege that after withdrawing the money in Sydney he flew to Melbourne and mixed it with another $500,000 during a night at the Crown Casino, in an attempt to obscure the origin of the funds.

Tan appeared in Sydney's Central Local Court on Wednesday and applied for bail, but it was refused by Magistrate Jane Culver. (Credit: Fairfax)

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