Police seize 31 classic cars in 'proceeds of crime' crackdown

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Police seize 31 classic cars in 'proceeds of crime' crackdown
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The Australian Federal Police has seized cars, cash and gold bullion worth a combined estimate of $5 million. 9News

The 47 vehicles, including 31 classic cars, are suspected to have been bought with money from a cocaine smuggling operation.The cars, cash and gold are linked to a Sydney man who was jailed for 11 years for importing 144kg of cocaine into Australia."Organised crime groups are motivated by greed and an intent to make illicit profits so we work tirelessly with our partners to disrupt their criminal activities and remove their ill-gotten wealth," AFP Commander Stephen Fry said.

"Profits from criminal activities also form a vicious circle as cash and other assets are used to fund the next drug import or pay for the next grow house or help criminals evade law enforcement."

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