The 36-year-old’s arrest followed a raid on a Bankstown home where police allegedly located mobile phones, electronic storage devices and cash, as part of an investigation into reports of telephone scams and money laundering.
She was charged with dealing with property proceeds of crime greater than $100,000.
Police will allege in court the woman used false and stolen identities to launder $1.2 million obtained through telephone scams, into gift cards, gambling accounts and other bank accounts.
A 27-year-old man from Campsie was charged in February as part of the investigation.
Woman arrested over role in cash laundering syndicate worth $1.2m
A WOMAN has been charged over her alleged role in a $1.2 million money laundering and fraud syndicate.