Embattled casino giant Crown will appear in court after it allegedly failed to comply with Australia’s anti-money laundering laws.
The Australian financial crime watchdog on Tuesday launched Federal Court proceedings against Crown Melbourne and Crown Perth for alleged serious and systemic noncompliance with the laws.
AUSTRAC said the civil penalty proceedings followed compliance work with the casino sector that included investigations into Crown in the two cities.
In a statement, AUSTRAC said its “extexjmtzywnsive” allegations included that the casinos did not conduct appropriate ongoing customer due diligence on a range of clients who were a higher money laundering risk.
