A man will face court today over his alleged role in defrauding $3.5 million from the National Disability Insurance Scheme (NDIS).
Investigators from the Australian government's Fraud Fusion Taskforce (FTT) have accused the Villawood man of laundering of $3.5 million in cash from the federal funding program.
The 31-year-old director of an NDIS provider is accused of withdrawing significant amounts of cash from different bank accounts and banks on multiple occasions between 2022 and 2025 to also help others launder the suspected proceeds of crime.
READ MORE: Man charged with murder over a year after 'random' attack left 60-year-old dead on NSW South Coast
An investigation by the FFT began in February last year after anomalies were detected in the Villawood man's finances.
It will be alleged that the money came from fraudulent claims submitted to the NDIS, including on occasions where supports and services were not provided to participants.
AFP and National Disability Insurance Agency (NDIA) fraud investigators executed a search warrant at a home in Villawood in December last year.
Police seized $35,000 in cash, alleged to be the proceeds of crime, as well as air guns and gel blasters.
The 31-year-old is expected to face Downing Centre Local Court today after being charged with one count of dealing money reasonably suspected of being proceeds of an indictable crime of $1 million or more.
READ MORE: Surfer's chilling warning before Manly attack
If convicted, the suspect faces up to four years in prison.
The NDIS has issued a notice to ban the individual and provider from the disability insurance scheme.
AFP Detective Inspector Aidan Milner said the AFP and the government's Fraud Fusion Taskforce (FFT) remain committed to removing criminal exploitation of payments intended to help those in need.
"The AFP will not stop in its pursuit of these groups who chop and change companies in a cynical effort to hide their criminal behaviour from law enforcement," Milner said.
NDIA chief executive Graeme Head said the agency would continue to work and protect the well-being of participants in the NDIS.
"Most providers do the right thing, but for the small number who don't, expect a knock on the door," Head said.
DOWNLOAD THE 9NEWS APP: Stay across all the latest in breaking news, sport, politics and the weather via our news app and get notifications sent straight to your smartphone. Available on the Apple App Store and Google Play.