Overview

• An LECC investigation found the officer sold 14 gold bars and 20 coins hidden under his family home for about $1.3 million without lawful title
• He admitted funneling the proceeds into sports betting and other gambling, losing millions during an addiction he described as “out of control”
• The probe was triggered when AUSTRAC flagged high-value gold transactions to a bullion dealer linked to money laundering
• The Commission deemed the concealment of the gold’s illicit origins and deceptive dealings with a bullion dealer and betting platforms as serious misconduct
• NSW Police is reviewing recommendations to require officers to disclose gambling habits at recruitment and adopt a stand-alone addiction policy