Posts Tagged ‘Drug offending’

$1.3B laundered through NZ each year

Thursday, November 28th, 2019

New Zealand is awash with dirty money but how much is anyone’s guess. A new report by the New Zealand Police Financial Intelligence Unit (FIU) estimates domestic criminal activity is generating $1.35 billion for money laundering each year. Most of it comes from drug offending ($750m), fraud ($500m) and other offences such as burglary ($100m). Read more