Government and law enforcers, the collapsed case represented a huge loss after years of investigations. Until that point, media reports by Cooper and other journalists had pointed to an imminent public relations win for the ambitious attorney general. I will address Wilful Blindness’s Chinese-scapegoating messaging and insidious Sinophobia another time. In this review, my critique is focused on the wilful blindness of Cooper’s selective reporting. According to his best-selling book,Wilful Blindness, these people have found their way into Canada and the West. Lawyer and money laundering expert Christine Duhaime called the report a “good step in the right direction” and applauded its recommendation that casinos must report directly to FINTRAC.
While the real reasons may never be revealed, I wonder if Cooper’s sensational stories about Silver International might provide a clue. In Wilful Blindness, he cites a secret audio recording of a 2017 private briefing given by RCMP Inspector Bruce Ward to an audience comprising U.S. Secret Service agents, financial professionals, and Canadian police. Given their concerns with crime, did Alderson or the BCLC study the profile of Metro Vancouver’s casino whales, particularly the 60 to 80 mentioned by the GPEB? As an experienced investigator and law enforcer, it would be surprising if Alderson did not try to learn as much as he could about these people, especially if it is such a small group of 60 to 80.
If you feel you may have a gambling-related problem we strongly advise that you visit or and as for help. Casino Reports is trusted Canadian online casinos resource, which covers extensive slots, roulette, blackjack, video poker and live casino guides. Daniel had previously worked as a correpsondent and editor for several local Canadian news websites. He developed true interest in the ways of the gambling industry after several accidental visits to casinos with friends. In the meantime, February 24 is about to see the official launch of public hearings led by the Cullen Commission of Inquiry into Money Laundering. The Federal Court of Canada in Vancouver would see four days of conversation https://aviaconsultancy.com/?p=141494 by some of the leaders in the regional and national gaming field.
We figured if we gathered up enough of those voucher slips — like the criminals had in Ontario — the casino might return our money in the form of a cheque. As an investigative producer working for CBC News in Vancouver, I’d been reading through a stack of records documenting suspected criminal activity at B.C. CBC’s investigations from 2008 were lauded in last week’s blistering report on money laundering in B.C.
- The primary purpose of this stage is to separate the illicit money from its source.
- Government receives a report from MNP LLP recommending changes to anti-money laundering practices.
- If you cannot recall your password, retrieve it by clicking on the “Forgot Your Password?” link at AMLCertification.aglc.ca.
- When you submit your online exam, a message should appear on screen within a few seconds stating that you have passed or that you did not pass.
She discovered several organizational cracks were present in the investigation apart from the inadvertent disclosure of unvetted documents. These included a new leader’s appointment to the unit who prompted officers to instead focus on trade-based money-laundering investigations – dirty money used to purchase legitimate commerce goods. Nearly 32 cops working on the Silver International file from spring 2015 until the fall of 2017 were reassigned, despite the trial’s onerous demands. They argued that organized criminals would not attempt to launder money by gambling, because they risked losing some of their profits. GPEB investigators struggled to argue against this point in reports which forbade the inclusion of anything other than basic observations, and BCLC continued to refuse to act until it was proven beyond a doubt that dirty money was being washed in casinos.
Transactions involving any countries deemed high risk or non-cooperative by the Financial Action Task Force. Client conducts transactions with different representatives in an apparent attempt to avoid detection. Client makes enquiries that would indicate a desire to avoid reporting. A product and/or service opened on behalf of a person that is inconsistent based on what you know about that client. Client uses notes, monetary instruments, or products and/or services that are unusual for such a client.
- These ML/TF indicators are one piece of the puzzle and are designed to complement your own STR process and can be used in conjunction with other publicly available ML/TF indicators.
- Some examples of ML/TF indicators related to the use of a third party can be found below.
- Client appears to be collaborating with others to avoid client identification or reporting thresholds.
- For example, a person conducting financial transactions atypical of their financial or gaming profile.
