Australian Federal Police have charged two Queensland men over an alleged money laundering syndicate to the tune of $4.5 million.

Officers yesterday executed search warrants at Helensvale, Graceville, Bardon and Brisbane City, allegedly seizing $230,000 cash from three safes.

Police will allege a Helensvale man used personal information from clients to his consultancy business to open fraudulent bank accounts, believed to be done without their knowledge.

Police say the Graceville man allegedly supplied millions of dollars of funds, suspected proceeds of crime, to be deposited into the accounts in an effort to avoid detection by authorities.

The pair will front court today.

Image: Australian Federal Police