Wednesday, August 4, 2021

Size of money laundering problem in BC not clear, estimates in billions

VANCOUVER - In July 2018, an international agency that sets anti-money laundering standards quietly released an explanatory report on professional money laundering. In the 53-page report, the Paris-based Financial Action Task Force made a stunning claim: A “massive” underground bank in B.C. had laundered more than $1 billion a year. (The Province)

Hells Angel member, drug dealer’s daughter marry

MONTREAL - A wedding between a full-patch member of the Hells Angels and the daughter of a notorious drug trafficker drew members of organized crime to downtown Montreal on Saturday. (Montreal Gazette)

B.C. AG eyes expanding scope of special anti-money laundering unit

VANCOUVER - The B.C. government may expand the scope of a proposed policing unit, meant to specialize in money laundering in casinos, to other areas, including real estate. (The Province)

Wedding of high-ranking Hells Angel draws crowd, scorn

MONTREAL - A former federal party leader says he’s outraged that a prominent Montreal venue would allow a Hells Angel to hold his wedding there. “It’s just unacceptable,” former Bloc Quebecois leader Gilles Duceppe told CTV Montreal. (CTV)

Judge rules rights violated, acquits alleged mobster Leonardo Rizzuto

MONTREAL - Alleged Montreal Mafia leader Leonardo Rizzuto was acquitted Monday on charges related to a police operation in which two guns and five grams of cocaine were found inside his home. (Montreal Gazette)

Organized crime moving online RCMP struggling to keep up

OTTAWA - Organized crime is moving online and the Royal Canadian Mounted Police is struggling to keep up, according to a briefing note prepared for RCMP Commissioner Brenda Lucki when she took over the top job earlier this year. (CBC)

Sources say RCMP have opened file on Liberal MP relating to real estate deals with Asian Organized Crime figures

Global News has learned the RCMP opened a file on B.C. Liberal MP Joe Peschisolido after confidential police informants alleged the veteran politician had been knowingly associating with Chinese organized crime figures through his former real estate law practice in Richmond, B.C. (Global News)

Suspected mob boss gunned down in Ancaster

HAMILTON - Police are looking for witnesses after a fatal shooting in Ancaster late Thursday.(Toronto Sun)

Feds announce $10M for RCMP to combat money laundering

VANCOUVER - The federal government has announced $10 million to help the RCMP prosecute money laundering after a special meeting of Canada's finance and justice ministers to discuss the pervasive problem. (CTV)

BC Attorney General disappointed by stay in money-laundering case

VANCOUVER - B.C. Attorney General David Eby reacted strongly Wednesday to news that criminal charges in B.C.’s largest money-laundering case had been stayed, calling the inability to prosecute these cases a crisis. (Vancouver Sun)

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