Reports of money laundering in B.C. real estate ‘troubling’: attorney general

News report alleges people connected to fentanyl trade are using B.C. real estate to launder money

B.C.’s attorney general says he’s deeply troubled by reports of money laundering and criminal activity in the real estate market.

David Eby has issued a statement saying the government takes reports of money laundering through real estate very seriously.

The comments come after the Globe and Mail published a story alleging that people connected to the fentanyl trade are using B.C. real estate to clean dirty drug money.

Eby says he has already tasked former RCMP deputy commissioner Peter German with reviewing money laundering policies and practices at B.C. casinos.

Last month, German’s recommendations prompted the government to announce new rules for high rollers at casinos, including a requirement that anyone spending $10,000 or more within a 24-hour period prove the source of the funds.

READ MORE: Cash rules tightened for B.C. casinos

Eby says German will also look at whether money laundering has connections with any other sectors, including real estate or tax policy.

“Our government will work to determine the scope of this issue and what must be done to appropriately address it,” he said Friday in a statement.

“We will ensure our investigation into money laundering in B.C. casinos is informed by these disturbing revelations.”

The Canadian Press

Just Posted

Jean Minifie named Lady of the Year by Beta Sigma Phi chapter

The Beta Sigma Phi chapter held a dinner on Tuesday, April 17… Continue reading

Benjamin Circus headed to Kimberley

The Great Benjamin Circus is coming to the Kimberley Civic Centre on… Continue reading

RCMP warn of CRA scams

Callers re often threatened with jail or deportation

MLA Report

Quarterly report from MLA Doug Clovechok

Kimberley will go the distance with cardboard boats

For the Bulletin Time to save your cardboard and unroll your duct… Continue reading

REPLAY: B.C. this week in video

In case you missed it, here’s a look at replay-worthy highlights from across the province this week

How to keep local news visible in your Facebook feed

Facebook has changed the news feed to emphasize personal connections. You might see less news.

Fire near Baynes Lake

On Sunday, April 22, a fire was discovered in the Baynes Lake area.

Dix says B.C. remains focused on fighting youth overdoses in wake of teen’s death

Elliot Eurchuk’s parents say he died at his Oak Bay home after taking street drugs

Final week for ALR input

Public consultation process closes April 30

‘When everybody leaves: Counselling key to help Humboldt move on after bus crash

Dealing with life after a tragedy can be the worst part following a loss

Half-naked shooter guns down four, runs away in Nashville Waffle House shooting

Nashville police say they are looking for Travis Reinking in connection with the shooting

Child’s body found in river downstream from where boy went missing during flood

Three-year-old Kaden Young was swept out of his mother’s arms in February

B.C. VIEWS: Eliminating efficiency for farm workers

Don’t worry, NDP says, the B.C. economy’s booming

Most Read