https://asic.gov.au/about-asic/news-centre/find-a-media-release/2...

https://asic.gov.au/about-asic/news...half-years-imprisonment-for-money-laundering/

engage in activity that would involve the illegal removal of company assets to prevent creditors from having access to these assets.

issued fictitious invoices from companies under their control  and arranged for monies to be transferred from bank accounts to the bank accounts of companies under their control. ....... then transferred the funds to associates.

Judge Everson found that conduct was a serious example of money laundering, a sophisticated scheme, involving a significant amount of money and motivated by financial gain.