Cullen Commission: BC Casino Dirty Money Hearings Wrap Up, Findings in December

British Columbia held the last audience of its thoroughgoing investigation into money laundering inwards its casinos on Tuesday.

Now, II years after it began and 198 informant testimonies later, commissioner capital of Texas Cullen, a former BC Supreme Court judge, has until December 15 to present his findings.

The military commission was established after an explosive describe past former Royal Canadian Mounted Police (RCMP) deputy commissioner St. Peter German language blew the lid sour the issue.

German concluded that hundreds of millions of dollars inward begrime cash in had been washed through BC casinos inward the preceding 15 years, contributing to the province’s opioid epidemic.

He described a system used past criminals that had come up to be known past the international intelligence operation community of interests as “the George Vancouver Model.”

Big Bags of Cash

This mired underground banks portion Chinese mellow rollers relocation money out of Communist China and slue the strict uppercase controls imposed by Beijing. Prior to departing for BC, the in high spirits rollers would pay off money into logical Chinese bank accounts controlled past the outlaw group.

On their arriver on Canadian soil, they would follow presented with colly money in suitcases or duffle bags, often in $20 bills, which they would and so convert into chips at before Christ casinos. The chips could then follow exchanged for plum money from the casino, usually in the form of a check.

Cullen will also check whether the before Christ Lottery Corp (BCLC) and the B.C. government officials deliberately ignored warnings about a money laundering epidemic. That was allegedly through to protect revenues they received from the casinos, as whistle-blowers make alleged.

‘No Evidence’ for George Vancouver Model Claim

In final arguments, lawyers for the casinos and the BCLC claimed on that point was “no evidence” that the George Vancouver Model existed.

“To this extent, the responsibility appears to coincide with BCLC that the extent of ‘money laundering that has occurred inwards B.C. casinos is unknown, and no specific hard cash recognized at a BCLC cassino has been naturalized in this research to in reality follow the proceeds of crime,” BCLC lawyer Bill Smart said.

This is despite B.C. prosecutors inwards 2018 pursuing crook charges against Silver International, a Richmond currency interchange they accused of beingness a breast for a Vancouver Model performance with golf links to the drugs trade.

But the case against Silver collapsed after prosecution lawyers accidently released the public figure of a supposedly anon. witness. A justice ruled that to preserve would put the attestor “at risk of death.”

In September 2020, Silver hirer Jian Jun Zhu was assassinated by a gunslinger as he dined at a eating house inward Richmond.

Incendiary Report

In their denouement on Tuesday, lawyers for the federal government activity produced a confidential RCMP “investigational preparation report” from 2012 that had not antecedently been presented.

The document describes extensive undercover surveillance of cassino high-pitched rollers and loan sharks at BC casinos from 2010 to 2012.

The RCMP claimed Richmond’s River Rock Casino and New Westminster’s Starlight Casino “are a very significant germ of money-laundering activity, using wealthy People’s Republic of mainland China gamblers as willing pawns inwards their activity.”

“Tens of millions of dollars inwards large cash-transactions (many transactions wellspring over $100,000, often of it inwards $20 bills) are funneled-through several of the larger casinos in B.C on an annual basis,” it concluded. “Intelligence has revealed that the origin of a great deal of these pecuniary resource are derived from outlaw activity and are the Proceeds of Crime.”

This news is presented to you by the dahmain.com.