Tweet Canada once again a “Major Money Laundering†country The 2018 “International Narcotics Control Strategy Report†(INCSR) published in March 2018 by the U.S. Department of State identifies Canada once again as a “major money laundering country†along with a host of risky countries for financial crime, and is generally doing a lot worse combatting money […]
Tweet Authorities in New York indicted a man alleged to be part of the Sinaloa Mexican cartel in connection with trafficking fentanyl in quantities that would kill 10 million people. Francisco Quiroz-Zamora, aka the “fat one” was charged under the Kingpin Act, which is significant because it carries a term of imprisonment of life on conviction. […]
Tweet The G7 released a special statement on financial crime, promising to re-double its efforts from the last 12 months on ending financial crime, in particular terrorist financing and international money laundering involving transnational criminal organizations. Every year there is a commitment to these goals but this time, the G7 has promised to turn their statements […]
Tweet A cannabis activist has been charged with illegally importing Fentanyl from China to Canada, through Vancouver, and paying for it with Bitcoin. The Manitoba government is seeking to forfeit his assets as proceeds of crime. The defendant, Raymond Csincsa, is allegedly on welfare and alleges that the $4,780 in cash located at his home […]
Tweet Canada introduced a new Cannabis law, Bill C-45, the Cannabis Act, expected to come into force in July 2018. Part 1 – Background on Current Law, Illegal Dispensing; Denial of Bank Accounts Illegality of Cannabis Sales Except for Medical Purposes Until the Cannabis Act comes into force, it is illegal to sell or have […]
Tweet 1. Canada once again a “Major Money Laundering” country The 2017 “International Narcotics Control Strategy Report” (INCSR) published in March 2017 by the U.S. Department of State identifies Canada once again as a “major money laundering country†along with a host of mostly risky countries for financial crime such as Afghanistan, Argentina, Brazil, BVI, Cayman […]
Tweet An Ontario court has ruled that evidence seized from the car of a person alleged to be connected to the Hell’s Angels can be admitted at trial even when that evidence was taken ostensibly under one piece of legislation, but was intended to be admitted for an investigation under other legislation. In November 2012, […]
Tweet US cross-border drug strategy to cover new ground in British Columbia Let’s Talk Bitcoin has an interesting article here on the US drug initiative to reduce the cross-border drug trade between Canada and the US with a focus on targeting the use of Bitcoin and other digital currencies for laundering proceeds of crime. The […]