The BC Government has launched a new anonymous tip portal for reporting money laundering in horse racing, real estate, and luxury car sales.
The tip line comes after BC Attorney General David Eby released the Peter German report on money laundering in Lower Mainland casinos in June 2018.
In September 2018, the BC Government announced two probes into money laundering and the real estate sector.
German is now asking British Columbians submit information on the following crimes:
- 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 BC or elsewhere, including analysis of the extent of the problem;
- The 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 BC
If German finds instances of money laundering in these areas he will inquire further and deliver findings to the government.
“British Columbians want their government to crack down on money laundering, wherever it takes place. We agree and we also believe that British Columbians can help,” Eby, in a release.
“That’s why we’re providing people in BC with a secure and anonymous way to share what they know.”
Submissions on the tip website will be accepted until 4 pm on January 31, 2019.
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