Dianne Evelyn Davis charged with laundering almost $540,000 over 18 months in Pooraka

An Adelaide woman is accused of laundering almost the twice the value of her home in the space of 18 months, though the question remains: how did she manage it?

A northern-suburbs woman has been charged with laundering more than half a million dollars in fewer than 18 months – almost twice the value of her home.

Dianne Evelyn Davis, 53, of Paralowie is charged with 55 counts of money laundering between March 2018 and July 2019.

Documents released by the Adelaide Magistrates Court show Ms Davis’ charges range from laundering only $700 through to $50,000 in a single hit.

The total across all the charges is $539,664.

During a brief hearing last week, Magistrate Karim Soetratma heard the prosecution and the defence were getting close to settling a factual basis, which would allow Ms Davis to plead to some charges.

Dianne Davis, left, charged with money laundering, leaves the Magistrate Court. Picture: NCA NewsWire / Tricia Watkinson

It is expected some of the money laundering charges will be dropped, should she plead guilty to some of the charges.

Ms Davis’ lawyer indicated the case would stay in the magistrates court rather than being sent to the District Court for sentencing.

Lawyers can apply to have money laundering charges dealt with in the lower courts.

The specific allegations against Ms Davis are unknown. However, the amounts of money she is accused to have laundered increased over the period of the charges, culminating in allegations of laundering $100,000 between March 29 and April 5, 2019.
Ms Davis will appear in court again next month.