Seen on:
as known from New York Timesas known from USA Todayas known from yahoo!
VA
The Grueling Truth - Where Legends Speak / Latest Sports News & Rumors: Tailored for You / Royal Canadian Mounted Police uncovers money laundering scheme at casinos

Royal Canadian Mounted Police uncovers money laundering scheme at casinos

Publish Date: 07/07/2022
Fact checked by: Mike Goodpaster

The Royal Canadian Mounted Police (RCMP) Hamilton-Niagara branch has unveiled a huge money-laundering scheme involving casinos in Niagara and the Greater Toronto Area involving several individuals. The RCMP also said the money was coming from drug trafficking and illegal marijuana.

The Ontario Provincial Police (OPP) and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) have collaborated with the RCMP in this probe that started in 2017.

Officer in Charge of District Command for the Hamilton-Niagara RCMP, Superintendent Jeff Cooper released a statement and applauded this joint collaboration.

“This investigation, conducted with the assistance of the OPP and FINTRAC, serves as a great example of how a coordinated enforcement effort can contribute to safer communities by disrupting the illegal drug trade and confiscating money laundering proceeds,” Cooper said.

Cooper added that law enforcement welcomes public assistance and vigilance, and also points out that with public help, informing the authorities of any suspicious activities “will help us be even more effective.”

The law enforcement confiscated a total of 29,975 cannabis plants that were estimated to weigh around 8,520 kilograms (7,926 pounds) of dried cannabis, 3,595 kilograms of dried weed and apporimately $1 million (USD $766,850) in cash, RCMP wrote a report.

The investigation led to a discovery that more than $3 million had been laundered from the illegal sale of around 3,630 kilograms of weed through casinos in the Greater Toronto Area (GTA) and southwestern Ontario’s Niagara region, especially in the region of the Golden Horseshoe. The total value of all confiscated cannabis was approximately CAD $24,282,112 (USD $18.6 million)

Five people have been charged with a total of 29 counts of criminal offenses, including illegal sale of marijuana, money laundering and owning property acquired through crime.

The Canadian government has received the report and has promised to work to combat this issue by reconstructing money-laundering federal policy and measures.

Read Also
Esteban de Jesus, Roberto Duran y AIDS (1972-89)
Many of us dream of celebrity sports fame, but only cruel individuals ...
Stories You Should Know: Bill Russell in Game 7’s
Bill Russell: Winner The greatest winner in the history of professional team ...
Bet365 Promo
Ranking the top 200 players in the NFL ahead of the 2021 season
This list isn’t based solely on performances from the 2020 NFL season. ...
The Most Popular Sports in Canada
Canadians are definitely in favor of sports! With dozens of disciplines broadcasting ...
Jack Moriarty and 1880’s Canadian Boxing
Sports journalist, Ed Fitkin, worked in print journalism at Toronto’s Daily Globe would find ...
The Forgotten Canadian Champion (And Maybe It’s Deserved): Billy Hawkins
As Mike Goodpaster and I prepare our popular Old-Time Boxing Show podcast, ...
The Army Boxer Who Knocked-Down Muhammad Ali (1960)
I had wanted to write a boxing story about Junebug Hudson for ...
10 Football Players Who Have Overcome Addiction
Addiction, either in drug or alcohol, is said to have affected some ...
The 1888 Colored Heavyweight Champion: George Godfrey
By January 1888, George Godfrey had been the Colored heavyweight Champion nearly ...
Top Brands
Top Bonuses
Real Prize
Real Prize
Real Prize Review
4.8/5
Stake.us
Stake.us
Stake.us Review
4.6/5
McLuck
4.5/5
Jackpota
Jackpota
Jackpota Review
4.4/5
CrownCoinsCasino
CrownCoinsCasino
CrownCoinsCasino Review
4.3/5
LoneStar Casino
LoneStar Casino
LoneStar Casino Review
4.2/5
High5Casino
High5Casino
High5Casino Review
4.2/5
MegaBonanza
MegaBonanza
MegaBonanza Review
4.2/5
MyPrize US
MyPrize US
MyPrize US Review
4.1/5
Wow Vegas
Wow Vegas
Wow Vegas Review
4.1/5
Real Prize
Real Prize Promo
625K Golden Coins + Up to 125 SC FREE + 1250 VIP Points
T&Cs apply
4.8/5
Stake.us
Stake.us Promo
56 Stake Cash + 560K Gold Coins + 5% Rakeback
T&Cs apply
4.6/5
McLuck
McLuck Promo
150% Extra: 50K Gold Coins + 25 SC FREE
T&Cs apply
4.5/5
Jackpota
Jackpota Promo
150% First Purchase Offer: 50K Gold Coins + 25 SC FREE
T&Cs apply
4.4/5
CrownCoinsCasino
CrownCoinsCasino Promo
Get 200% More Coins on First Purchase - 1.5M CC + 75 SC
T&Cs apply
4.3/5
LoneStar Casino
LoneStar Casino Promo
Get up to 500K Gold Coins + 105 FREE SC + 1000 VIP points
T&Cs apply
4.2/5
High5Casino
High5Casino Promo
245% Extra up to 60 SC FREE + 700 Gold Coins and 400 Diamonds!
T&Cs apply
4.2/5
MegaBonanza
MegaBonanza Promo
150% First Purchase Offer: Up to 200K Gold Coins + 101 SC FREE
T&Cs apply
4.2/5
MyPrize US
MyPrize US Promo
Special Offer: 300K Gold Coins + 30 SC FREE and 10 Free Spins
T&Cs apply
4.1/5
Wow Vegas
Wow Vegas Promo
35 SC FREE and 1.75M WOW Coins
T&Cs apply
4.1/5
Our Team
Mike GoodpasterJosh SchwartzSimon BriffaMark LewisSamuel Teets
+8
Mike Goodpaster
Mike Goodpaster
Chief Editor
Josh Schwartz
Josh Schwartz
Editor
Simon Briffa
Simon Briffa
Sports Editor
Mark Lewis
Mark Lewis
Editor
Samuel Teets
Samuel Teets
US Sports Veteran
Author Icon
drjaygee
Editor
Find out what the legends have to say about sports this week....
Find out what the legends have to say about sports this week....

21+ and present in VA. Gambling Problem? Call 1-800-GAMBLER.

This site is using Cloudflare and adheres to the Google Safe Browsing Program. We adapted Google's Privacy Guidelines to keep your data safe at all times.
Virginia Town HallCloudflareSSL
Close
Our Sports Pros recommend these awesome sports betting sites this week:
DraftKings
DraftKings Promo
New Customers Bet $5, Get $300 in Bonus Bets If Your Bet Wins!
T&Cs and 21+ apply
Code:
Open DraftKings
Get Bonus
FanDuel
FanDuel Promo
Bet $5 Get $200 in Bonus Bets If Your Bet Wins!
T&Cs and 21+ apply
Code:
Open FanDuel
Get Bonus
BetMGM
BetMGM Promo
Up To $1500 in Bonus Bets Paid Back if your First Bet Does Not Win
T&Cs and 21+ apply
Code:
Open BetMGM
Get Bonus
×
Your Promo Code:
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link:
Play now