The 41-year-old man allegedly introduced 2.1kg of cocaine into Australia through the submit in February 2021, and was arrested and charged with the illegal importation of a border managed drug in June of that yr.
Police have now seized his belongings, together with a home in Sydney's Connells Level and a second property in Queensland, after court docket orders had been made final Thursday.
Australian Federal Police (AFP) Commander Felony Belongings Confiscation Stephen Fry stated police had been decided to make sure criminals didn't take pleasure in advantages of their crimes.
"The AFP is relentless in pursuing each authorized avenue to deprive criminals of their ill-gotten wealth, taking the revenue out of their crimes and disrupting future felony operations," he stated.
Fry has warned criminals his workforce will monitor down and seize their earnings of crime.
"No particular person or felony group is past the attain of the taskforce," he stated.
"The lavish felony way of life is short-lived.
"We'll take away the proceeds of your crimes, together with your million-dollar properties, luxurious automobiles and funds in any financial institution accounts."
The person was arrested beneath Operation Ironside, a covert operation utilizing an encrypted app distributed to organised crime networks and monitored by legislation enforcement.
The cash obtained from the sale of belongings confiscated by police is managed by the Australian Monetary Safety Authority (AFSA) on behalf of the Commonwealth.
It may well then be distributed by the attorney-general for use for crime prevention, intervention or diversion packages, or different police packages.
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