(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

LNG Canada project gradually taking shape

Extensive worker camp now being assembled

Smithers celebrates 75th anniversary of the Netherlands liberation

Bulkley Valley Christian and Smithers Secondary schools receive gift of tulips

Hamhuis recaps 16-year NHL career after skating past 1,100 games

The 36-year-old defenceman said his favourite thing about hockey is the spirit of the game itself

Cycle 16 nears membership goal

Membership is up to 800 for the society that wants to build a bike path from Telkwa to Smithers

Indigenous biochar program looks at experimental carbon sequestration methods

So far the iniative has employed eight different individuals with around 300 man days of work

VIDEO: Canadian allergists’ group wants Benadryl behind the counter due to side effects

Some doctors say the medication is over-used because of its easy availability

Yelling at your dog might hurt its long-term mental health: study

Researchers find dogs trained using negative reinforcement are more ‘pessimistic’

Vancouver Island soap company releases Lucky Lager beer soap

Beer-infused olive oil soap comes out just in time for holiday shopping

Jagmeet Singh says he’ll vote against throne speech if NDP requests not met

Singh is to meet with Prime Minister Justin Trudeau on Thursday

Community uses loophole to paint 16 rainbow crosswalks after B.C. council says no

So far 11 rainbows are painted and five planned, all since council denied the first proposal in September

Former B.C. youth pastor guilty on one of five sexual assault allegations

Judge cites reasonable doubt in finding Cloverdale couple not guilty of majority of charges

238 and counting: Vancouver gelato shop sets Guinness World record for most flavours

Vince Misceo has come up with 588 different flavours over the decades

Killer who fled to Taiwan day after shooting B.C. man over $80 sentenced 13 years later

The sentence comes 13 years after Shaoxin Zhang, 19, was killed in a Burnaby parking lot

B.C. forest industry trade mission finding new markets in China

Diplomatic tensions eased, minister Doug Donaldson says

Most Read