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*Bc Casino Money Laundering Report Template
*Bc Casino Money Laundering Reporting
VANCOUVER — Larger amounts of suspicious cash with suspected links to money laundering and organized crime began showing up at British Columbia’s casinos while the province prepared to host the 2010 Winter Olympics, a former gaming regulator told the inquiry into money laundering.
Larry Vander Graaf said Thursday there was an increase in suspected illegal money at casinos at the same time the RCMP was planning Canada’s largest-ever security effort to police the Olympics in Vancouver and Whistler.
Vander Graff, a former executive director of the B.C. Gaming Policy Enforcement Branch, said while serious dirty money concerns were mounting at casinos, police were also working on Olympic security.
’You have to remember the time frame, too,’ Vander Graaf testified.
’In 2007, 2008, 2009 there was the biggest security endeavour in Canadian history going on in Vancouver, the 2010 Olympics. The preparations for the 2010 Olympics was significant and the RCMP was tasked with that.’
He said he wasn’t making excuses for the police, but staffing issues at the RCMP’s now disbanded Integrated Illegal Gaming Enforcement Team were ’evident.’
Vander Graaf, who said he was fired in 2014 by the B.C. government, said the suspicious cash started appearing at casinos in 2007 and three years later it reached the point where loan sharks connected to organized criminals were waiting in parking lots with bags packed with $20 bills.
’It was like a drive-in,’ he said. ’There’s no question, where there are loan sharks there was money laundering and when the money laundering picked up, the loan sharks activity picked up.’
A report released last week estimated that $7.4 billion was laundered in B.C. Last year, including about $5 billion that went into the housing market. BC Casino Money Laundering a. Suspected money laundering rampant at B.C. Casinos: report CTV Vancouver Published Wednesday, April 9, 2014 8:08PM PDT Last Updated Thursday, April 10, 2014 12:17PM PDT SHARE. June 27, 2018: Peter German releases his report, confirming the prevalence of money laundering in BC casinos. His report suggests that money laundering impacts both the fast-growing fentanyl crisis and affordability in BC’s real estate market. German highlights the BC Liberal decision to disband IIGET as making matters worse. Last June, former Mountie Peter German estimated money laundering in B.C. Amounted to more than $100 million in his government-commissioned Dirty Money report into activities at provincial casinos.
The B.C. government launched a public inquiry following several reports that concluded hundreds of millions of dollars in illegal cash was impacting B.C.’s real estate, luxury vehicle and gaming sectors.
Vander Graaf said his agency wanted limits put on the amounts of cash in $20 bills being used at the casinos to buy chips but the Crown-owned B.C. Lottery Corp. did not impose a limit.
’The integrity of gaming was being compromised and we feel we had to take action,’ he said.
’I still believe to this day .. when we have the integrity of gaming being impacted by large cash infusions that are in $20,000 bundles with elastic bands around it, that there should have been action in relation to stopping that at the casinos.’
Vander Graaf said the lottery corporation did not make a cash amount order because it could not be proven beyond a reasonable doubt that the money was from proceeds of crime or money laundering.
Last week, Fred Pinnock, a former RCMP officer in charge of the now disbanded illegal gaming enforcement team, testified a member of the B.C. legislature told him in 2009 the province’s gaming minister was focused on revenues being generated at casinos, not organized crime.
Vander Graaf’s testimony is to continue Friday.
— By Dirk Meissner in Victoria.
This report by The Canadian Press was first published Nov. 12, 2020.
The Canadian PressA ’decade of dirty money’. That’s what an explosive new report is calling British Columbia’s years under BC Liberal rule.
According to Peter German’s report, the BC Liberals allowed millions upon millions in dirty money from illegal activity to be laundered through BC casinos on their watch. This money powered the fentanyl epidemic and contributed to the housing affordability crisis — and it happened largely because regulators refused to act and chose to look the other way.
Not once. Not twice. But time and time and time again.
So what happened when — and who knew what? We’ve done our best to break it down for you, going all the way back to 2002.
2002: The BC Liberal government passes a new Gaming Control Act, creating a new regulator called the Gaming Policy and Enforcement Branch.
2004: The BC Liberal government and the RCMP create the Integrated Illegal Gaming Enforcement team (also known as IIGET) with a mandate to investigate crimes surrounding “common gaming” houses, animal fighting, and bookmaking. It falls under the purview of Solicitor General Rich Coleman.
December 2007: The Integrated Illegal Gaming Enforcement Team prepares a report on its future; warning that high-level illegal gambling targets would conduct their operations with ’impunity’ if the unit were disbanded.
November 2008: Reporter Sean Holman reveals that the BC Liberal party accepted more than $250,000 in donations from private bingo hall and community gaming centre interests between 2002 and 2007. This is despite an internal BC Liberal party bylaw banning donations from gaming.
Note: By the end of 2017 when corporate donations are banned, the BC Liberals accepted more than $500,000 in political donations from gaming companies.
January 2009: IIGET prepares a “Threat Assessment” report warning that BC casinos are extremely vulnerable to money laundering. They ask for an expanded role including BC casinos.
April 2009: Then-Housing Minister Rich Coleman eliminates funding for IIGET, disbanding the unit. He suggests the unit was not cost-effective and had failed to produce a business plan. Journalist Sean Holman later publishes a leaked copy of IIGET’s business plan.
October 2009: IIGET’s former commander Fred Pinnock speaks to journalists, stating that his team should have been expanded, not shut down. He comments “I’m not sure how motivated the provincial government was to have high-profile enforcement of illegal gaming in the province.’
January 2011: Inspector Barry Baxter from the RCMP’s Integrated Proceeds of Crime Section speaks to media about suspicions of dirty money in BC casinos and “sophisticated money-laundering activities by organized crime.”
He highlights a period of three months in 2010 where employees at 2 lower mainland casinos reported a combined total of $8 million in 90 large cash transactions, an average of one a day.
Rich Coleman criticizes Insp. Baxter, saying “Yeah, I know what he said, and I don’t agree with him, neither do all the superiors of his in the RCMP.”
August 2011: Following a request by Solicitor General Rich Coleman, the BC Office of Civil Forfeiture prepares a report on money laundering at BC casinos. The report recommends that BC Gaming update its approach to tackling money laundering.
November 2012: The head of the Gaming Policy and Enforcement Branch identifies 543 suspicious transactions, totalling $39.5M between 2010 and 2011. According to the German report, most occurred at Richmond’s River Rock Casino.
March 2013: Over email, the investigator leading gaming enforcement warns that money laundering is taking place at BC casinos. He suggests that illegal sources are supplying loan sharks with dirty money, who are then supplying gamblers.
Less than a year later, Finance Minister Mike de Jong fires the investigator. No other action is taken.
July 2015: The money-laundering crisis reaches historic levels with one casino accepting $13.5 million in twenty-dollar bills in a single month.
Later that month, the BC Lottery Corp sends the ‘Section 86’ report to the BC Gaming Enforcement Branch (an arm of the BC Ministry of Finance). It details the discovery of a massive underground banking network allowing organized crime to use illegal money transfer businesses in Richmond to lend cash to gamblers for chips at the River Rock Casino.
The 600 account holders in the underground banking network include known drug dealers in Mexico and Peru, and terrorist financiers in Iran.
July 2016: The BC Liberal government receives a report from accounting firm MNP LLP recommending changes to anti-money laundering practices.
They fail to implement the recommendations and withhold the report from the public.
May 2017: Rich Coleman accepts a $390 donation from Gateway Casinos to his personal re-election campaign. One year later in July 2018, he will tell CKNW’s Lynda Steele that he never accepted donations from gaming.
September 28, 2017: BC NDP Attorney General David Eby hires Peter German to investigate money laundering at BC casinos.
October 4, 2017: The ‘Section 86’ report is leaked to the Vancouver Sun. Mike de Jong refuses to comment.Bc Casino Money Laundering Report Template
October 19, 2017: Andrew Wilkinson cashes a cheque for $5,000 from Gateway Casinos for his leadership campaign. Other BC Liberal leadership contenders receive another $20,000.
June 27, 2018: Peter German releases his report, confirming the prevalence of money laundering in BC casinos. His report suggests that money laundering impacts both the fast-growing fentanyl crisis and affordability in BC’s real estate market.
German highlights the BC Liberal decision to disband IIGET as making matters worse.
Former BC Liberal cabinet ministers go into hiding. Instead, Andrew Wilkinson puts forward new MLA Jas Johal. He fails to accept any responsibility and blames the RCMP.
The RCMP issues a statement correcting the record, saying “At times, government is briefed on sensitive information concerning police investigations that cannot be released. However, it was the decision of government to disband [the] Integrated Illegal Gaming Enforcement Team (IIGET).”
June 28, 2018: Speaking to the CBC, BC Liberal leader Andrew Wilkinson refuses to accept responsibility, saying that asking politicians to do so is a “sad exercise.”Bc Casino Money Laundering Reporting
July 3, 2018: Former BC Liberal Attorney General Suzanne Anton (2013-2017) is asked by a CBC reporter whether her government’s response to money laundering took too long. She agrees, saying “That’s correct. And it was slow.”
July 5, 2018: Calling into the Lynda Steele show on CKNW, Rich Coleman finally speaks to the issue. He calls the suggestion that his government did little to staunch money laundering ‘a load of garbage’. Like Johal and Wilkinson, he blames the RCMP for disbanding IIGET.
When asked if he’d act sooner knowing what he does now, replies ’I think it’s difficult to say you would do anything differently.’
July 10, 2018:In an explosive interview with Global BC, former IIGET commander Fred Pinnock lays into the BC Liberals for their complicity in allowing money laundering to flourish in BC casinos.“Fault lies at the feet of the BC Liberals while they were in government..They all knew what was going on in those casinos and racetracks. Primarily casinos, in particular, the big ones. It was wild west in those large casinos where organized criminal activity was running amok. It was no secret to government. At all.” - Fred Pinnock
Fall 2018:A sprawling, three-part investigation by Global News estimates that fentanyl drug traffickers laundered between 1 and 6 billion in metro Vancouver’s white-hot housing market, between 2012 and 2016.“Fentanyl killed so many Canadians last year that it caused the average life expectancy in B.C. to drop for the first time in decades. But for crime kingpins, it has become a source of such astonishing wealth that it has disrupted the Vancouver-area real estate market.” - ‘Fentanyl: Making a Killing’
Meanwhile, Andrew Wilkinson and the BC Liberals refuse to waive cabinet confidentiality that would allow RCMP investigators access to records of high-level government discussions around what they knew about the money laundering at BC casinos, and when.
January 2019: A new freedom of information request from the CBC reveals that the estimated ’$100 million’ laundered through BC casinos is at least $700 million — and potentially as high as 1 billion in dirty money.’The numbers would have exceeded $1 billion for sure in suspicious currency transactions. It was a staggering amount of money.’ - Joe Schalk, former senior director of investigations with the Gaming Policy Enforcement Branch
Years later, the alarm keeps ringing — and the BC Liberals still won’t say anything about it.
Salamanca casino open. March 2019: In late March Global TV’s investigative reporter Sam Cooper revealed a new twist in the money laundering saga — implicating the office of former BC Liberal Finance Minister Mike de Jong.
According to Cooper’s research, officials from de Jong’s office intervened to allow the BC Lottery Corporation to raise casino betting limits to $100,000 in early 2014 — against the recommendations of BC’s gaming regulator.’Since late 2010, the regulator — GPEB — had warned the Lottery Corp. (BCLC) to limit massive cash transactions involving Chinese VIPs at private baccarat tables, documents show. But instead, Lottery Corp. managers did the opposite. They repeatedly raised baccarat limits, from $5,000 per hand to $100,000. And they refused to implement the regulator’s suggested “remedy” of capping VIP buy-ins with $20 bills — the denomination associated most with drug trafficking — to under $10,000.’ - Sam Cooper, Global TV
When questioned about his decision by Global TV, Mike de Jong said he didn’t recall.
On May 15, 2019, the BC NDP government announced a public inquiry into money laundering led by BC Supreme Court Justice Austin Cullen. Here’s what John Horgan had to say during the announcement:’Criminal activity [from money laundering] has had a material impact on people: whether it be the rise of opioid addictions, the rise of opioid deaths as a result of overdoses, whether it was the extraordinary increase in housing costs, people were being affected by criminal activity in British Columbia.’ - Premier John Horgan
In the last week of February 2020, the Cullen Inquiry opened public hearings into money laundering in BC. As the hearings opened, Andrew Wilkinson was still refusing to release cabinet-level documents detailing what he and the BC Liberals knew about money laundering, and when.After 19 months of BC Liberal delay tactics, there’s still so much we don’t know — and what British Columbians deserve to know.
John Horgan and the BC NDP are committed to ending dirty money and holding people accountable. If you’re with us, too, please add your name.
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