(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.

Get local stories you won't find anywhere else right to your inbox.
Sign up here

Just Posted

A 60-unit apartment complex approved near downtown Chilliwack

City councillor noted that density adds to the livability of the downtown

UPDATE: Chilliwack poultry producer’s $130,000 fight with the CFIA earns him a red-tape award

Canadian Federation of Independent Business Paperweight Awards ‘honour’ government over-regulation

DNA confirms SUV struck and killed Abbotsford cyclist in 2015, court hears

Kerry Froese operated company that owned vehicle that struck and killed Ronald James Scott in 2015

Two men charged with first-degree murder in 2019 Surrey case

Two men charged with first-degree murder in killing of Andrew Baldwin, 30, in Surrey

Chilliwack average rents up, vacancy rate down

Local situation in the rental market mirrors the national picture according to CMHC

VIDEO: Canada’s first presumptive case of coronavirus officially confirmed

Both patient and wife arrived on a China Southern Airlines flight after having been to Wuhan

First-place Canucks beat Blues 3-1 for ninth straight home win

Miller nets pair as Vancouver defeats Cup champs

Swapping grape varieties can help winemakers adapt to climate change: UBC study

Report says 56% of wine-grape-growing regions would be lost if global climate warms by 2 C

Alberta premier wants feds to approve Teck mine for benefit of First Nations

Kenney: ‘Surely [reconciliation] means saying yes to economic development for First Nations people’

Police search for man who went missing from Vernon hotel

Jay Rosenberger, 38, was last seen Friday

NDP suggests easing secondary housing rules for B.C. farmland

Lana Popham proposes guest homes not just for relatives

After four sex assaults linked, RCMP ask women not to walk alone in Coquitlam park

Four sexual assaults took place in Glen Park over two months

BC Place lights up in purple and yellow to honour Kobe Bryant

Kobe Bryant, his 13-year-old daughter and seven others were killed in a helicopter crash

Whistleblower says Iranian-Americans questioned at Peace Arch crossing were targeted

Immigration lawyer says response from Customs Border Protection is a ‘total cover up’

Most Read