3 Nov 2022

$2.2m laundered in NZ from offshore to be sent to victims - police

From Checkpoint, 5:40 pm on 3 November 2022

More than $2 million of stolen money stashed in New Zealand by overseas crooks is being seized by police and will be sent back off shore to the victims.

An investigation's linked the money to a dodgy investment scheme - Venus FX run in Malaysia. A court here has ruled the ill-gotten gains being kept in two NZ bank accounts were likely being laundered.

NZ Police asset recovery manager, Detective Inspector Craig Hamilton, says it was an international operation.

 

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