https://www.smh.com.au/national/queensland/accused-money-launderer-allegedly-linked-to-cryptocurrency-scam-in-court-20190822-p52jvf.html

An alleged money launderer accused of links to a cryptocurrency scam that police believe duped investors of almost $3 million has faced a Queensland court.

Eamon Charles Lowe's charge of money laundering was mentioned in Southport Court on Thursday with the 45-year-old remanded to reappear on September 5.

Lowe is one of the three men and two women from the Gold Coast charged with fraud and or money laundering.

Tegan Marie Pohoikura Gilmore, 28, faced court on August 9 charged with fraud and money laundering, while the others are yet to appear.

Police alleged Lowe was linked to an criminal syndicate that operated a number of businesses selling cryptocurrency investments on the Gold Coast between 2017 and May 2019.

More than 100 Australians believed they would make a significant profit after being duped by a criminal syndicate posing as multiple cryptocurrency sales companies, police alleged.

It was alleged victims invested in Exmount Holdings Group, which appeared to be legitimate with a website, call centre and sales staff

Other companies included The Quid Pro Quo Foundation, The Atlas Group, AFG Associates Pty Ltd, tradex123, exmounttrading, atlasfxgroup and amazonaus.

Owners of those companies remained persons of interest to police.

The accused allegedly offered victims a trial investment, promising generous returns once they had invested more funds.

They were then given log-in details for a website to watch their investments grow.

But when they tried to withdraw the money, it wasn't there.

Police are still searching for more victims.