Featured Canada

B.C. says land registry is open and will help combat money laundering

The B.C. government has launched a new land registry that it says will help combat money laundering and make the real estate market more transparent. Beginning Monday, any corporation, trustee or partnership that buys land in B.C. must disclose the interest holders of that land through the Land Owner Transparency… Read More

Finance minister orders external audit of Quebec casinos after investigation into Mafia perks

Quebec’s finance minister has ordered an external and independent audit of the province’s casinos. The move comes after Quebec French-language news channel TVA’s investigative unit found Mafia leaders had received access to luxury perks through the Montreal Casino, including tickets to shows, meals and free hotel rooms. Finance Minister Eric… Read More

CSIS alleges Iran used Toronto company to wire millions to Canada despite sanctions

A Toronto currency exchange business helped Iran secretly wire millions of dollars into Canada in violation of sanctions, according to a classified intelligence report that calls the financial transfers a threat to national security. A Canadian Security Intelligence Service report obtained by Global News accuses Alireza Onghaei, the investor immigrant… Read More
25th November 2020
Justin Smith has been hit with a one-two punch of bad luck. First, the Toronto man was duped by a job scam that made off with $3,000. Then his longtime bank, Tangerine, helped itself to money Smith had in his tax-free savings account to recoup what it had lost in… Read More
13th November 2020
Daryl Tottenham, the man with oversight of anti-money-laundering programs in B.C. casinos, still can’t fathom why his predecessor went to the media. Tottenham told the Commission of Inquiry into Money Laundering in B.C. this week that his former supervisor Ross Alderson was suffering a mental breakdown and the whistleblower’s allegations… Read More
6th November 2020
The U.K.’s Serious Fraud Office is investigating Bombardier Inc. over what the agency described as suspected bribery and corruption related to deals with airline PT Garuda Indonesia. Bombardier disclosed the investigation Thursday with its third-quarter financial results. The Canadian plane and train maker said it had launched an… Read More
6th November 2020
The B.C. Lottery Corporation took no action against a high roller who’d been caught taking a large cash delivery from a banned loan shark who was actively being investigated by the RCMP for money laundering, a provincial inquiry heard Wednesday. Daryl Tottenham, an anti-money laundering investigator with the Lottery… Read More
6th November 2020
A federal judge approved a restitution payment of more than $138 million to investors in a Congolese mine, bringing to a close a yearslong legal battle over their status as victims of a bribery scheme by hedge fund Sculptor Capital Management Inc. Final approval for the restitution came Wednesday at… Read More
4th November 2020
B.C.’s public inquiry into money laundering heard more testimony on how front-line casino regulators and investigators did not have – or did not think they had – the authority to stop bags of $20 bills from being cashed in by patrons. This time, it was former Gaming Policy and Enforcement… Read More
2nd November 2020
As a law professor, I have devoted my professional life to teaching about, advocating for, and advancing justice with regard to war crimes and crimes against humanity. Now, my dual Canadian-U.S. citizenship has made me a special target for the Trump administration’s efforts to undermine the quest for global justice. Read More
28th October 2020
Vast amounts of cash started flowing into British Columbia’s largest casino in 2010 and transactions of $800,000 or more became common as players hauled in bags, suitcases and backpacks full of cash, an inquiry heard Monday. Steven Beeksma, who worked as a surveillance manager at the River Rock Casino in… Read More
27th October 2020
B.C. real estate developer Yongtao Chen stepped onto the podium in a Vancouver hotel ballroom and enthusiastically waved a red flag to a loud round of applause. He had just accepted a new role as chairman of the Canadian Alliance of Chinese Associations (CACA) and was displaying their banner at… Read More
22nd October 2020
Altaf Khanani was considered one of the world’s most-wanted money launderers. The Pakistani fraudster was involved in the illicit international movement of money between countries like Pakistan, the United Arab Emirates, the US, the UK, Canada and Australia. His organization also moved money for drug cartels and terrorist groups such as Hezbollah and al-Qaida. After a massive hunt… Read More