B.C. real estate industry recommends amending federal money laundering laws to improve enforcement
The recommendations are part of efforts to halt the flow of criminal money in B.C.’s real estate industry. Continue reading
It’s long been known in B.C. that RCMP not investigating money laundering, sources reiterate
Experts not shocked that B.C. currently has no dedicated federal money laundering investigators, and that civil forfeiture is the only option for police. Continue reading
U.S. deems Canada ‘major money laundering country’ as gangs exploit weak law enforcement
The U.S. State Department says Canada is being exploited by sophisticated transnational organized crime and professional drug-money launderers. Continue reading
B.C. Liberal minister intervened to raise betting limits, ignoring money laundering warnings about Chinese VIPs
A Global News investigation shows that despite money laundering concerns from B.C.’s gambling regulator, officials in the province’s finance ministry intervened to raise high-roller betting limits Continue reading
From Colombia to Lebanon to Toronto: How a DEA probe uncovered Hezbollah’s Canadian money laundering ops
Canada missed an early chance to fight professional money launderers. Continue reading
Toronto’s real-estate market risky for money laundering, with $28B in opaque investments: report
Toronto’s real-estate market is a big target for criminal money launderers because of weak regulations, according to a new report. Continue reading
Canada proposes national money laundering task force in budget 2019
The anti-money laundering measures are a response to ‘growing concerns’ that organized crime networks are flooding illicit funds through Canada, budget documents say. Continue reading
Toronto man arrested with $1M in cash may have ties to international money launderer. Now, he’s allegedly fled Canada
North York currency exchange owner named Farzam Mehdizadeh was arrested in 2016 with more than $1 million in cash during a traffic stop. Now he has reportedly left the country. Continue reading
As RCMP investigated casino money laundering, police distrust of B.C. government grew
Documents show senior police were concerned about leaks in B.C.’s government when E-Pirate casino raids were compromised. Continue reading
Justin Trudeau looking for answers but doesn’t commit to B.C. casino public inquiry
Trudeau was asked to respond to allegations in a Global News investigation that former casino investigators are questioning whether some B.C. officials deliberately allowed government-regulated casinos to be used as hubs for money laundering. Continue reading
‘BCLC could have stopped this’: Former casino investigators question whether officials unwilling to stop criminal activity
Whistle-blowers from B.C.’s casino industry believe government officials could be investigated for deliberately allowing dirty money to flood government casinos. Continue reading
B.C. casino ‘knowingly accepted’ millions from banned loan shark, audit alleges
Paul King Jin continued to deliver cash to his Chinese VIP clients at River Rock Casino despite a five-year ban, according to documents obtained by Global News. Continue reading
Nearly $2 billion in dirty money may have flowed through B.C. casinos, far more than official estimates
A Global News investigation reveals large amounts of laundered bank drafts flowed through B.C. Lottery Corp. casinos Continue reading
From Quebec to B.C.: Calls mount for public inquiry into money laundering and organized crime
Debate is shifting in the B.C. government as a powerful union calls for a money-laundering inquiry. Continue reading
B.C. attorney general says money launderers will exploit ‘gaps’ in information sharing in Canada
Canada’s government is not providing B.C.’s government with information on organized crime money-laundering, a B.C. minister says. Continue reading