News Police

Items worth over $7m seized in raids

MORE than $7 million worth of property, luxury cars, gold bullions and high-end handbags have allegedly been seized during raids in Bankstown, Padstow and Yagoona.

One of the luxury cars.

Part of a joint investigation by State Crime Command’s Organised Crime Squad and the NSW Crime Commission into unexplained wealth, it comes after the introduction of enhanced powers by the NSW Government to target and confiscate unexplained wealth and assets.
In July, the NSW Crime Commission (NSWCC) and Organised Crime Squad commenced a joint investigation into assets believed to have been accumulated through organised criminal activity in Sydney’s west.
As part of ongoing inquiries, from 8.30am last Thursday, detectives, with assistance from Raptor Squad, raided properties in Padstow, Yagoona, Bankstown, Picnic Point, Peakhurst and Drummoyne.
At the Padstow address, police allegedly located and seized 14 luxury handbags including Hermes, Chanel and Louis Vuitton, five luxury ‘man bags’, Cartier jewellery, $10,000 cash and four luxury watches by Rolex, Breitling and Cartier.
In Yagoona, police allegedly located and seized a case of gold bullion estimated to be worth $80,000.
At the property in Bankstown, police allegedly seized a 2021 BMW S1000R motorcycle, a 1971 Mazda RX2, a 1983 Holden Gemini, a 2018 McLaren MA3 Coup and over $20,000 in cash.
Police also allegedly seized a Lamborghini in Drummoyne.
A number of electronic devices and documents were also seized for forensic examination.
Organise Crime Squad Commander, Detective Superintendent Peter Faux, said the new powers meant police could come down harder on organised criminals and their associates.
“The big players tend to enjoy the wealth while keeping their heads down and their hands clean, but now we have the authority to put them before a court to show us how they made their money – something many of them will struggle to do,” he said.

 

Gold bullions allegedly seized during police raids