February 12 2019
Authorities have laid charges against 17 people allegedly involved in an extensive international money laundering network with ties to organized crime.
At a news conference today, the RCMP said the network had cells in Montreal and Toronto that collected and laundered money from Montreal criminal groups.
Supt. Martine Fontaine said the network used connections in Lebanon, the United Arab Emirates, Iran, the United States and China to launder money before returning it to drug-exporting countries, such as Colombia and Mexico. She said it had the capacity to handle tens of millions of dollars.