CRIMINAL syndicates that exist just to launder other criminals' black cash are an emerging trend to cater for the massive growth of organised crime which needs new ways to hide ill-gotten gains.In a speech to an anti-money laundering conference today, the Australian Crime Commission chief executive, John Lawler, will outline the law enforcement fight against the trade in dirty cash.
''We know that organised crime is all about money. The motivator for taking the extreme risks, breaking the law and causing destruction and harm to others is greed and wealth,'' Mr Lawler will say, according to a draft speech provided to the Herald.
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