"A self-proclaimed fortune teller and feng shui master who allegedly orchestrated a highly sophisticated $70m money laundering syndicate across Sydney has been charged. New South Wales police arrested two women, Anya Phan, 53, and a 25-year-old, at a property in Dover Heights in Sydney's east on Wednesday morning. Phan allegedly exploited vulnerable clients within the Vietnamese community by persuading them to take out financial loans based on her prediction that there was a billionaire in their future. The woman then took a share of the loans, police alleged on Thursday."
"Police allegedly seized financial documents, mobile phones, electronics, luxury handbags, a 40-gram gold bar worth $10,000 and $6,600 in casino chips. Investigators will allege the older woman ran the fraudulent scheme estimated to total nearly $70m with the help of the younger woman. An additional $15m worth of assets was frozen by the NSW Crime Commission, police said on Thursday."
"The women were taken to Surry Hills police station, where Phan was charged with 39 offences, including knowingly directing activities of a criminal group, 19 counts of dishonestly obtaining financial advantage by deception and 13 counts of knowingly dealing with proceeds of crime. She was refused bail to appear at Downing Centre local court on Thursday. The 25-year-old was charged with multiple offences, including two counts of dishonestly obtaining financial advantage by deception and recklessly dealing with proceeds of crime valued at more than $5,000."
Police arrested two women in Dover Heights, including 53-year-old Anya Phan, who is accused of running a sophisticated money‑laundering syndicate alleged to total nearly $70 million. Phan allegedly persuaded vulnerable clients in the Vietnamese community to take out loans by promising they would become billionaires, then took a share of the proceeds. Investigators seized financial documents, phones, electronics, luxury handbags, a 40‑gram gold bar and casino chips, and the NSW Crime Commission froze about $15 million in assets. Police allege stolen personal information was used to apply for loans to purchase non‑existent luxury ‘ghost’ cars. Phan faces 39 charges and was refused bail.
Read at www.theguardian.com
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