The AFP has restrained a property in Western Australia and more than $4 million from bank accounts, following an investigation into alleged family day care fraud. Ahead of search warrants executed today (2 August, 2023), the AFP-led Criminal Asset Confiscation Taskforce (CACT) successfully restrained the assets, which included a property in the Perth suburb of Caversham and about $4.2 million held in two bank accounts, under the Proceeds of Crime Act 2002 (Cth). The AFP alleges the assets are owned by a family day care provider suspected to be claiming fraudulent child care subsidy payments, with the money held in the accounts suspected of being the proceeds of crime.

https://www.miragenews.com/afp-restrains-5-million-in-assets-including-wa-1059063/

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