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Image Credit: The Register

Armored cash transport trucks allegedly hauled money for $190 million crypto-laundering scheme

  • Australia's Federal Police (AFP) charged four suspects for an alleged $190 million money-laundering scheme involving an armored cash transport unit linked to a security company.
  • The security company mixed cash from its legitimate operations with illicit funds deposited by suspected criminals, channeled through various businesses.
  • Suspects include the security company's director, general manager, an alleged client, and a man accused of transferring money between accounts for the client.
  • APNIC has completed a reorganization process, removing previous 'pillars' of activity to enhance efficiency and align teams with strategic goals.
  • The reorganization at APNIC includes restructuring teams into areas like engineering, member services, development, communication, strategic relations, and corporate services.
  • India revised rules to enable US chipmaker Micron's access to concessions for a plant in Gujarat, reducing the minimum physical size of special economic zones.
  • Micron plans to invest $1.5 billion in the project, expecting to create 5,000 direct jobs and an additional 15,000 jobs in the local community.
  • Cambodia instructed carriers to cut internet connections with Thailand due to scam camp operations near the border, causing mobile internet outages.
  • Australian PM welcomes AWS investment in solar farms to support expanded data center operations in Australia.
  • Indian tax authorities closed a $4 billion tax investigation against Infosys, finding the tech giant not liable for the taxes.

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