Sunday 15 November, Power & Policy

Story one of ten today, about seven minutes for the lot

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✓ The Sydney Morning HeraldPower & Policy1 min read

Police raid $18m mansion of Finks president after violence campaign

Police raided the mansion of Finks boss Mark Balsillie after violence against a property developer.

Police raided an $18 million Brighton mansion where Finks national president Mark Balsillie lived on November 6. Two masked men fired 10 shots at an Arcare aged care facility that morning.

Balsillie faced violence tied to property developer Simon Pitard. Attackers firebombed Pitard's home on October 27.

They also firebombed another home on October 28 by mistake. Federal law enforcement is looking into how Balsillie came to live in the mansion.

The home is registered to property developer Pankaj "Harry" Goyal. A 23-year-old associate applied for an $11 million loan.

No arrests happened during the raid.

Why it mattersThe investigation shows how crime figures move through property and finance systems. It raises the question of whether authorities are spotting criminal involvement.

AustraliaMajor criminal investigation in Victoria raises questions about how Australian authorities monitor luxury property transfers and loan applications involving suspected crime figures.

Corroborated byThe Age·WAtoday

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