A mere nine per cent of money laundering charges during that period resulted in a guilty plea or a conviction. But the Crown (attorneys) just end up using (the money laundering charge) as a bargaining chip and withdrawing it,” he said. According to Statistics Canada, there were 2,026 money laundering charges laid across Canada during the five years from 2012-13 to 2016-17. There were only 25 federal money laundering charges laid in that province in the same five-year period. Duhaime says, until there is more emphasis on complex money laundering cases across the board, nothing will change.

Source: thestar December 26, 2019 10:52 UTC