Horse racing industry not equipped to tackle money laundering, organised crime expert says
Inside trackHorse racingHorse racing provides the perfect cover for money laundering and more needs to be done to crack down on it, ex-AFP officer says
Follow our Australia news live blog for latest updates Get our morning and afternoon news emails, free app or daily news podcast The Australian horse racing industry provides fertile ground for money laundering, with the limited regulatory remit of racing authorities potentially making it more difficult for the practice to be effectively policed, an expert on organised crime has warned.
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