More than $176,000 in cash and precious metals has been seized during a series of raids across Queensland as authorities investigate an alleged scheme involving the National Disability Insurance Scheme.
The operation, led by the Australian Government’s Fraud Fusion Taskforce, targeted multiple properties in Far North Queensland, Cairns and Brisbane earlier this month as investigators examined claims linked to an NDIS participant.
Authorities allege the participant submitted claims for disability supports and services that may never have been delivered, with investigators also examining an NDIS provider business they believe was created and controlled by the same individual.
During the searches, investigators allegedly uncovered $94,000 in cash believed to be linked to criminal activity, along with gold and silver sovereign coins valued at more than $82,000. A cryptocurrency wallet was also seized, adding another layer to what authorities believe may be a sophisticated financial operation.
Electronic devices, paperwork and cloud-based digital records were also taken for forensic examination as investigators continue to trace the movement of money and assets.
No charges have been laid at this stage.
The raids come after earlier action by Queensland’s Crime and Corruption Commission, which has already moved to restrain assets worth about $5 million, including gold, silver and other funds allegedly linked to the same network.
The commission is now pursuing confiscation action under Queensland’s proceeds of crime laws as it seeks to recover assets investigators believe may have been acquired through fraudulent conduct.
The Fraud Fusion Taskforce, co-led by the National Disability Insurance Agency and Services Australia, brings together 24 agencies, including the Australian Federal Police, the Australian Taxation Office, the NDIS Quality and Safeguards Commission and the Australian Criminal Intelligence Commission.
Federal investigators said the operation sends a clear message to anyone attempting to exploit public support programs.
Officials said removing profits from alleged fraud is a critical part of protecting government services and ensuring funding reaches Australians who genuinely rely on the NDIS.
The NDIA said it continues to strengthen safeguards across the scheme, including tighter payment controls, enhanced monitoring and improved detection systems aimed at identifying suspicious activity before taxpayer funds are lost.
Authorities say the investigation remains active, with further forensic analysis now underway.
