The Gold Coast Bulletin

Property costs bikie

- CHRIS CLARKE

A SENIOR member of the Mongols bikie gang was arrested this week after police became curious about how an unemployed man could afford four houses on the Gold Coast totalling $3.5 million.

A two-and-a-half-year investigat­ion culminated with the arrest of Michael Andrew Bankier, 32, on the Gold Coast on Tuesday.

Bankier, who also has ties to the Finks, has been charged with dealing in proceeds of crime and money worth $1 million. It is alleged Bankier’s wealth was drug money.

Also charged with the same offence is a 32-year-old woman and a 56-year-old woman, both from the Gold Coast. Both are associates of Bankier’s.

A 35-year-old Lismore man – their alleged accountant – has been charged with aiding and abetting and general dishonesty.

According to police, Bankier and his female associates laundered their proceeds through real estate and assets and various businesses.

Detectives were tipped off to Bankier when a member of the public noted it was strange for an unemployed man to have such a big house.

Further investigat­ions revealed Bankier had two homes at Pimpama, one on Hope Island and another at Wongawalla­n.

It is alleged the trio gained their wealth in just 12 months.

“There was informatio­n provided to authoritie­s in relation to this particular investigat­ion that suggested this group had accumulate­d wealth beyond their means,” AFP detective Superinten­dent Russell Smith said.

“They were living a lifestyle that didn’t represent their income,” Queensland Police Service Superinten­dent Roger Lowe said.

Police also suspended two mortgage accounts and seized cars and motorbikes.

During the long-running investigat­ion by the National Anti-Gangs Squad investigat­ion, MDMA, cocaine, LSD and cannabis were seized in southeast Queensland and NSW.

In excess of 135,000 MDMA tablets, 99 LSD tablets, 1300 prescripti­on medication tablets, 6kg of cannabis, $600,000 in cash, two illegal firearms, an illegal pill press, steroids, methamphet­amine, cocaine, weapons, and a protected animal were seized.

 ??  ?? Three people were arrested and charged with money laundering offences.
Three people were arrested and charged with money laundering offences.

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