(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

Maskwacis suspect faces 13 charges after stolen vehicle found in Wetaskiwin

Wetaskiwin RCMP make arrest in possession of stolen property and weapons offences

Energy company requests County waive over $20,000 in penalties

Pine Cliff Energy has unpaid tax bill of over $175,000

Culture Days offers amazing variety Sept. 27 to 29

“Taste of Wetaskiwin” followed by “Connect 4”

Join Leduc singer/songwriter Julia Vos raising funds for youth shelter Fri to Sun

Mulhurst Bay’s singer/songwriter busking in Edmonton for Youth Emergency Shelter

Pipestone Creek Grouse Walk a success Aug. 24

Event hosts over 40 participants near Wetaskiwin

VIDEO: ‘Thrones,’ ‘Fleabag’ top Emmys

Billy Porter makes history as first openly gay black man to win best drama-series acting Emmy

Alberta woman dies in confrontation with police after calling for help

There was a confrontation and one of the responding officers discharged a firearm

MEC and LUSH stores to close on Friday for global climate strikes

Retailers will be closed on Sept. 27 so that staff can march in demonstrations

VIDEO: Grizzly bears fight along northern B.C. highway in rare footage

Cari McGillivray posted the head-turning video, shot near Stewart, B.C., to social media

Give severely addicted drug users injectable medical-grade heroin, guideline says

CMAJ article outlines best practices for innovative treatment that’s been lacking in overdose crisis

B.C. court hears disclosure arguments in Meng Wanzhou case

Huawei exec argues she was unlawfully detained at YVR last December at direction of U.S. authorities

Trudeau attacks Scheer, Harper, Ford in first federal salvo for Ontario

Liberal leader targets three big conservative rivals in second full week of campaign

Red Deer Rebels fall to Edmonton in home opener 4-2

Red Deer will play the second of a home and home on Sunday

Handgun crackdown, health spending and transit plans latest campaign promises

Friday was the end of a busy week on the campaign trail

Most Read