Australian Federal Police and the FBI have smashed an industrial-scale drug trafficking ring in what’s being described as the plot of the century.
The audacious police sting targeted an encrypted communications app that was being secretly monitored by police, leading to hundreds of arrests of organised crime figures in 18 countries.
Mafia figures, bikies, South American drug cartels, Asian triads and Middle Eastern and European crime syndicates are alleged to be caught up in the sting.
Police said they uncovered 21 murder plots and seized more than 3,000 kilograms of drugs and $35 million in cash.
Over 800 suspected members of organised crime gangs were arrested and $148 million in cash seized in raids around the world. Tons of drugs were also seized, officials confirmed.
Police say they were using the trojan horse app ANOM that was operated by the FBI and secretly monitored by the Australian Federal Police.
The app was used by organised crime gangs around the world to plan executions, mass drug importations and money laundering.
Prime Minister Scott Morrison says the mass raids and arrests struck a heavy blow against organised crime.
The plan is said to have been hatched by an AFP tech guru in 2018, with the AFP planting pre-loaded mobile phones into the hands of criminals.
Investigators intercepted 25 million messages sent on the ANOM, viewing the communications in real time.
300 search warrants were carried out across Australia on Monday night, with simultaneous stings in the US and Europe, according to reports from the ABC.
Police say they have exposed the secret relationships between bikies and syndicates who were thought to be enemies.
“This is a watershed moment in Australian law enforcement history”
SYDNEY:The Prime Minister was joined by Minister for Home Affairs Karen Andrews, AFP Commissioner Reece Kershaw and FBI Legal Attaché US Embassy Anthony Russo to speak on ‘Operation Ironside’, a three-year sting involving the FBI, organised crime and an encrypted app.
Prime Minister Scott Morrison said the operation had “struck a heavy blow against organised crime. Not just in this country, but one that will echo around organised crime around the world”.
“We have never taken our eye a day from the threats presented in this country”
Morrison has reiterated calls for stronger border security and anti-encryption laws off the back of Operation “Ironside.”
“The most significant policing operation in Australian history”
Home Affairs Minister Karen Andrews called Operation Ironside “the most significant policing operation in Australian history”.
Worldwide, 9000 law enforcement officials were involved in the operation, with over 4500 of those officials being Australian Federal Police.
Commissioner Kershaw said federal agents had been in the “back pockets” of criminals through the encryption app.
Commissioner Kershaw said federal agents have arrested some “of the most dangerous criminals in Australia”
Commissioner Kershaw confirmed criminal “kingmakers” have been arrested and AFP have prevented mass shootings.
The plan that began over beers
“Some of the best ideas come over a couple of beers,” AFP Commissioner Reece Kershaw said in his address to media on Tuesday.
The FBI’s representative Anthony Russo says he’s proud to represent the US and stand with his Australian colleagues.
“In today’s world, crime continues to transverse international borders. The threats we face are too diverse and too complex for any one organisation to tackle alone,”
Republican nominee Donald Trump said on he would not participate in another presidential debate against Kamala Harris ahead of the Nov. 5 election.
“THERE WILL BE NO THIRD DEBATE!” the former president wrote on social media site Truth Social.
Although Trump touted his performance on Tuesday against Harris, six Republican donors and three Trump advisers believe Harris had won the debate largely because Trump was unable to stay on message, according to a report by Reuters. #featured #trending
With high interest rates and geopolitical uncertainty–what’s in store for IPO markets?
As the second half of 2024 begins, the IPO market is poised for a potential rebound after a sluggish start to the year.
With improving economic conditions and renewed investor confidence, more companies seem to be considering going public, creating market optimism.
However, challenges such as inflation and geopolitical uncertainties remain key factors to watch.
Dean Quiambao, a partner at Armanino joins Veronica Dudo to discuss what experts are predicting for the IPO landscape in the coming months and how businesses are positioning themselves for success.
#IN AMERICA TODAY #trending #IPO #IPOmarkets #ratecuts