The United States Department of Justice (DOJ) is investigating whether money funnelled to insolvent Australian operator Bonza breached US money-laundering laws.

The Australian Broadcasting Corporation (ABC) reports that the DOJ is looking at whether Bonza’s backer, Miami-based 777 Partners (and its funder, insurer A-CAP), sent money to Bonza instead of its intended destination, 777’s soccer teams. The DOJ’s Southern District of New York office is leading the investigation.

After fourteen months of…

Source: ch aviation
Read more: Australia's Bonza caught up in US money laundering probe