Laundered Money in B.C Fueling Economy?

There is an investigation going on looking at money laundered from casinos in B.C and how it may have influenced the areas real estate market. This investigation started after the attorney general found that a casino in B.C accepted $13.5 million which can be connected to laundering. This money was laundered by high power officials …

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Money Laundering

A Russian crime syndicate is accused of laundering millions of dollars around the world, including Canada. Between 2008 and 2010 $16.3 million dollars were moved through approximately 70 transactions by a company in New Brunswick though no evidence of business could be found by CBC. http://www.cbc.ca/news/business/russian-money-canada-1.4102132

Shipyard Workers Union questions if hiring practices of Irving are focusing on Canadians first

A Halifax shipbuilding union has begun questioning the hiring practices of the Irving Shipbuilding corporation that is the lead contractor for Canada's military ships. The questioning comes in light of Irving hiring a substantial amount of foreign workers to come to Canada to work for the company which the union alleges has not been justified …

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“PM Trudeau sets up conflict of interest screen concerning Aga Khan”

Prime Minister Justin Trudeau has recently declared what he has called a conflict of interest screen which he intends to subject himself to in order to further solidify his position that there is no real conflict of interest going on between him and Aga Khan who in this case represents business. This comes after Trudeau …

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Ontario Provincial Police looking into campaign-related funding

Ontario Provincial Police are looking into if two Ontario city councillors, Justin Di Ciano and Mark Grimes, received more than $40,000 from Dunpar Homes to fund polling and research. Dunpar Homes, a developer company, has stated the reasons for funding the research/telemarketing effort was to gain community support for an upcoming development project called “The Ossington”. This …

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Former Financial Services Director of BMO branch faced chargers for embezzlement

Between 2004 and 2012 Bassam Salman embezzled an estimated 9 million dollars between three clients of a BMO in Quebec. Mr. Salman was the financial service director and he produced false documents and made unauthorized transactions over the course of 9 years. He quit his job in 2012 and returned to his home country of …

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Former Amaya CEO charged with insider trading in Quebec

David Baazov the Montreal internet gambling entrepreneur was charged with insider trading in March of 2016. The AMF (Autorite des marches financiers) alleged that Mr. Baazov and two of his associates attempted to pump up the price of Amaya stock in the lead-up of the PokerStars takeover of the company. A quote from the article …

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