(Black Press Media files)

B.C. asking for tips on ‘dirty money’ in horse racing, real estate, luxury cars

Action follows a Peter German report on money laundering in B.C. casinos

The province has launched an anonymous tip portal for British Columbians to report “dirty money” in horse racing, real estate and luxury cars.

In a Sunday afternoon press release, the province said the portal was launched following the Peter German report released in June on on anti-money laundering in Lower Mainland casinos.

The 247-page report found that a ‘collective’ system failure allowed money laundering to flourish in the region’s casinos.

Attorney General David Eby had commissioned the report after laundering was brought to the forefront earlier this year when news reports uncovered large-scale criminal activity in the province’s casinos.

The tip portal follows up on a probe announced by the province in September where German will look into money laundering in horse racing, real estate and luxury cars.

A second finance ministry led probe is looking at legislative and regulatory actions that can be taken to prevent money laundering.

The province is looking for tips:

  • Connections between organized crime and money laundering in the horse racing and luxury car industries;
  • Money laundering in the real estate sector connected to criminal enterprises in B.C. or elsewhere, including analysis of the extent of the problem;
  • Use of lawyers’ trust accounts to mask sources of funds in real estate transactions;
  • Money laundering in the construction industry, including abuse of builders’ liens; and
  • Any other conduct in which there may be an identifiable link between organized crime and real estate transactions in B.C.

The province is taking tips till Jan. 21, 2019.


@katslepian

katya.slepian@bpdigital.ca

Like us on Facebook and follow us on Twitter.

Just Posted

UPDATED: Calgary Police receive multiple bomb threats

Similar threats received across Canada and the United States

PHOTOS: Battle of Ponoka basketball action

The first ever senior high basketball league game for both Ponoka high schools was high energy

Guards injured, money stolen during overnight blast at Edmonton bank

Alberta Health Services said the injuries to the male guard were serious

Ponoka Elementary students team up to help KidSport

A special fundraiser has been organized by Ponoka Elementary Students to benefit KidSport

New contractor to supply Ponoka with new waste carts

Resident will need to set out old carts by end of 2018, replaces coming first week of 2019

Omar Khadr wants changes to bail conditions

‘My life is held in suspension’, says the former Guantanamo Bay detainee

Coach accused of sexual assault says apology letter was misinterpreted

Dave Brubaker has pleaded not guilty to one count of sexual assault and one count of invitation to sexual touching

Give the gift of nature this holiday season

Please don’t be mad, but I bought you a moose

Aboriginal poet faces backlash for calling out NHL-themed totem poles

Rebecca Thomas says she received backlash for asking a drugstore chain to remove NHL merchandise

Some Kotex tampons recalled in Canada and U.S.

In some cases, tampon users sought medical attention “to remove tampon pieces left in the body.”

Sex-assault squad investigated eight incidents at Toronto all-boys’ school

The interim president of a Roman Catholic all-boys school rocked by student-on-student abuse allegations said the football program was cancelled for next year.

Coal power in Canada must disappear by the end of 2029, new regulations say

Canada has significantly cut its dependence on coal largely due to the closure of all coal plants in Ontario.

‘Naive approach’ to China at fault in Meng mess: Scheer

Conservative Leader Andrew Scheer called on the Trudeau government to “unequivocally denounce any type of repercussions to Canadians on foreign soil.”

Omar Khadr ‘a model of compliance,’ wants changes to bail conditions: lawyer

Former Guantanamo Bay detainee Omar Khadr is back in court today to seek changes to bail conditions.

Most Read