B.C. casinos<\/a> “have exhibited several behaviors that are consistent with money laundering.”<\/p>\nFormer RCMP Deputy Commissioner Peter German said more than $100 million had passed through B.C. casinos<\/h2>\n Court documents cited B.C.’s Combined Forces Special Enforcement Unit. Lai paid $250,000 for casino chips in July 2017, redeeming a total of $610,000 in Canadian currency during the same period.<\/p>\n
In November 2018, he also allegedly attended the River Rock Casino in Richmond, B.C., “and presented two bundles of $100 bills totaling $20,000 in U.S. currency, each of which were bound with a single elastic band across the middle of the bills and generally packaged in a manner not consistent with standard banking practices,” the lawsuit says.<\/p>\n
Lower Mainland casinos had “unwittingly served as laundromats” for the proceeds of crime. This is according to the independent report on money laundering released in 2018.<\/p>\n
Former RCMP Deputy Commissioner Peter German said more than $100 million had passed through B.C. casinos. This method is used by organized crime groups in Asia to “clean” the proceeds of illegal drug trafficking.<\/p>\n
The report stated that one Vancouver-area casino accepted $13.5 million in $20 bills over a one-month period. German called the River Rock casino the “epicenter” of the problem.<\/p>\n","protected":false},"excerpt":{"rendered":"
The British Columbia (B.C.) director of civil forfeiture is suing to retain $880,000 paid as a bond to the Canada Border Services Agency by a Delta man accused of being the multimillionaire leader of a criminal gang running casinos in Macao, according to Jason Proctor of CBC News. British Columbia Government seeks $880,000 from Tujie … <\/p>\n","protected":false},"author":54,"featured_media":5061,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[1],"tags":[44,42,41,37,38],"class_list":["post-5059","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-uncategorized","tag-casino","tag-casino-gambling","tag-gambling","tag-main-page","tag-news"],"acf":[],"yoast_head":"\n
B.C. Government Seeks $880K From Alleged Casino Money Launderer<\/title>\n \n \n \n \n \n \n \n \n \n \n \n\t \n\t \n\t \n \n \n \n\t \n\t \n\t \n