'Rat's nest of rot': Up to $2B in dirty money laundered in B.C. casinos, real estate in 1 year, AG says - News Summed Up

'Rat's nest of rot': Up to $2B in dirty money laundered in B.C. casinos, real estate in 1 year, AG says


's attorney general is raising the stakes on the scope of alleged money laundering in casinos and real estate in British Columbia. "I think that all British Columbians should certainly be concerned about what's been happening, including, potentially, at a very high level in the real estate market." If German had more time for his report, Eby believes, he would have found a larger amount of laundered cash. Since the alleged money laundering has an international component, he explained, the federal government needs to be a dependable partner. A public inquiry into how money laundering flourished in B.C., he added, has not been ruled out.


Source: CBC News January 19, 2019 05:14 UTC



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