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Tuesday, June 15, 2004

The Daily Telegraph | Backpacks' black cash

The Daily Telegraph | Backpacks' black cash: "Backpacks' black cash
By SIMONE RICHARDS City Reporter
June 15, 2004
BONDI'S illegal backpacker trade is run by highly organised networks � some with criminal links, it has been revealed.

Waverley Council has evidence of a brazen group buying up properties solely for the purpose of providing illegal hostels in the tourist-saturated suburb.
And it is believed the ploy has attracted an organised crime element, with dodgy operators laundering money and evading tax."
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