Detectives have charged who they believe to be a financier as part of an investigation into an alleged conspiracy to supply three tonnes of cocaine, worth an estimated $900 million, throughout NSW.
Strike Force Jillabenan detectives have arrested the 33-year-old man in the Sydney suburb of Bayview.
He has been charged with possessing/attempting to possess anabolic or androgenic steroidal agent, knowingly dealing with the proceeds of crime, supplying a prohibited drug and conspiracy to import a commercial quantity of a border controlled drug.
Police will allege the man was the sole financier of a 900kg shipment of cocaine, which had an estimated potential street value of $270 million.
Police said Organised Crime Squad investigators allegedly received information in early 2020 related to a person allegedly gambling a significant amount of money at a casino.
The latest arrest comes after two other men - 42-year-old Mende Trajkoski and 37-year-old Nikolao Misa - were arrested during a police sting at Morisset earlier this month.
The pair, along with another man charged on the same day in Sydney, remain before the courts.
The sting and arrests were the result of a co-operative investigation between Australian police and US law enforcement authorities, focusing on an alleged criminal network operating involved in the importation of cocaine across North America, South America and Australia.
