Wednesday, January 12, 2011
There’s no shortage of ways for criminals to launder money in B.C. And remember: "We corrupt to rule ... " says the Mafia
.
From Salt Spring News ...
http://saltspringnews.com
Casino money laundering suspicious cases soar
Paul Willcocks
Paying Attention - January 11, 2011
Criminals love casinos. They're great places for loan sharking and passing counterfeit money. And even more important for the serious crooks, casinos are the easiest place to launder money. The CBC used freedom of information requests to learn that millions of dollars in suspicious transactions flowed through two B.C. casinos in three months last year. The casino companies told B.C. Lotteries, but no one passed the information on to police immediately.
These aren't slightly suspicious transactions. In one case, a man entered a New Westminster casino with $1.2 million worth of chips. He didn't place a bet. He just turned them in and took the money in cash. He told staff he was boarding a flight and was concerned the money might look suspicious. So the casino gave him a letter confirming the money was a casino payout. It's a classic money-laundering scenario. Crime - drug dealing, robbery, whatever - can produce lots of cash. Banks have to report deposits of more than $10,000 to FINTRAC, a federal agency that fights money laundering and organized crime. Even if money is broken into smaller deposits to come under the limit, a criminal might end up having to explain where all the money came from. Instead, criminals can buy chips in casinos, cash them in and get a cheque or, in this case, cash with a letter suggesting they were winnings. The money is clean. In another case uncovered by the CBC, a man entered a Richmond casino with a bag stuffed with $460,000 in $20 bills and bought chips. The casino reported that there was nothing suspicious in the transaction. All told, there were 90 large transactions worth $8 million in three months. ...
Despite the warnings, enforcement has been minimal. In 2009, the [British Columbia] government shut down the five-year-old specialized police unit created to target gambling-related crime. And the enforcement branch's just-released annual report for the 2009-10 fiscal year reveals that it opened 635 investigations into money laundering, loan sharking and counterfeit offences in casinos, without laying a single charge. Again, none of this is surprising. Casinos want to make money. Coleman and B.C. Lotteries are responsible for increasing the number of gamblers in the province, the average amount each one loses and the province's take. Cracking down on transactions that could be linked to money laundering is a threat to those goals...
Source is HERE:
B.C. casinos hiding behind law, says money-laundering expert
Sean Sullivan and Susan Lazaruk
The Province - January 6, 2011
Casinos are hiding behind the law, which clears them of any responsibility for preventing illicit money from passing through their business, says an expert on money laundering. Margaret Beare, a professor of law at York University, was reacting to the release of documents by the CBC Wednesday pointing to a spike in high-value cash transactions at B.C. casinos in 2010. “They have no reason to give a damn,” said Beare. “Like everyone else, they’re in the business to make money.” Beare and other experts say there’s no shortage of ways for criminals to launder money in B.C., although casinos make an especially tempting target because it takes months for police to be notified of suspicious transactions. ...
Paul Burns, vice-president of the Canadian Gaming Association, says it’s up to the police, not casinos, to determine if someone’s laundering money. “The casinos aren’t in the job of catching criminals. That’s not how it works,” he said. “Some people gamble lots of money, some people gamble a little. We’re not going to quiz people and give them the third degree.” [RCMP Insp. Bill Baxter, head of the Integrated Proceeds of Crime unit] confirmed the province’s casinos are in compliance with all reporting regulations. ...
Source is HERE:
http://www.theprovince.com/health/casinos+hiding+behind+says+money+laundering+expert/4066562/story.html
BC Mary comment: Please note what The Sindicate (sic.) has said ... which I cross-post here, with thanks to the author. The way I read it, we're being warned that we cannot -- dare not -- turn our faces away from a Public Inquiry into all aspects of the corrupt transfer of a huge public asset into private pockets. We know that such an event -- involving dangerous criminals -- must be well guarded, well-protected.
We can do it. BC Supreme Courtroom #20 (Vancouver) was purpose-built for similarly volatile events. The Air India Trial. The multi-accused gang trials. So we've done it before, and we can do it now for BC Rail and the future.
We absolutely must do it for BC Rail ... the biggest train-robbery ever to happen in Canada.
"We corrupt, to rule," said Giuseppi Mazzinni, founder of the Carbonari and the MAFIA.
Mary, we are in a war, however undeclared; and most of those of us who know...are, well,...scared...to stick our heads up.
See the following as an example of what i mean:
"8 Jan 2011 ... Former Pentagon official was found dead in a Delaware landfill on December 31.
www.delawareonline.com/.../Times-and-locations-in-John-P-Wheeler-III-case.
Dec. 31:
4:20 a.m. -- A Waste Management refuse truck starts its route through Newark, emptying trash bins, including one containing Wheeler's body.
10 a.m. -- Wilmington police are called to investigate a body found at Cherry Island Landfill.
Medical Examiner's Office rules the death a homicide."
From Salt Spring News ...
http://saltspringnews.com
Casino money laundering suspicious cases soar
Paul Willcocks
Paying Attention - January 11, 2011
Criminals love casinos. They're great places for loan sharking and passing counterfeit money. And even more important for the serious crooks, casinos are the easiest place to launder money. The CBC used freedom of information requests to learn that millions of dollars in suspicious transactions flowed through two B.C. casinos in three months last year. The casino companies told B.C. Lotteries, but no one passed the information on to police immediately.
These aren't slightly suspicious transactions. In one case, a man entered a New Westminster casino with $1.2 million worth of chips. He didn't place a bet. He just turned them in and took the money in cash. He told staff he was boarding a flight and was concerned the money might look suspicious. So the casino gave him a letter confirming the money was a casino payout. It's a classic money-laundering scenario. Crime - drug dealing, robbery, whatever - can produce lots of cash. Banks have to report deposits of more than $10,000 to FINTRAC, a federal agency that fights money laundering and organized crime. Even if money is broken into smaller deposits to come under the limit, a criminal might end up having to explain where all the money came from. Instead, criminals can buy chips in casinos, cash them in and get a cheque or, in this case, cash with a letter suggesting they were winnings. The money is clean. In another case uncovered by the CBC, a man entered a Richmond casino with a bag stuffed with $460,000 in $20 bills and bought chips. The casino reported that there was nothing suspicious in the transaction. All told, there were 90 large transactions worth $8 million in three months. ...
Despite the warnings, enforcement has been minimal. In 2009, the [British Columbia] government shut down the five-year-old specialized police unit created to target gambling-related crime. And the enforcement branch's just-released annual report for the 2009-10 fiscal year reveals that it opened 635 investigations into money laundering, loan sharking and counterfeit offences in casinos, without laying a single charge. Again, none of this is surprising. Casinos want to make money. Coleman and B.C. Lotteries are responsible for increasing the number of gamblers in the province, the average amount each one loses and the province's take. Cracking down on transactions that could be linked to money laundering is a threat to those goals...
Source is HERE:
2011/01/casino-money-laundering-suspicious.html
""""""""""""""""""""""""""""""""""""
Sean Sullivan and Susan Lazaruk
The Province - January 6, 2011
Casinos are hiding behind the law, which clears them of any responsibility for preventing illicit money from passing through their business, says an expert on money laundering. Margaret Beare, a professor of law at York University, was reacting to the release of documents by the CBC Wednesday pointing to a spike in high-value cash transactions at B.C. casinos in 2010. “They have no reason to give a damn,” said Beare. “Like everyone else, they’re in the business to make money.” Beare and other experts say there’s no shortage of ways for criminals to launder money in B.C., although casinos make an especially tempting target because it takes months for police to be notified of suspicious transactions. ...
Paul Burns, vice-president of the Canadian Gaming Association, says it’s up to the police, not casinos, to determine if someone’s laundering money. “The casinos aren’t in the job of catching criminals. That’s not how it works,” he said. “Some people gamble lots of money, some people gamble a little. We’re not going to quiz people and give them the third degree.” [RCMP Insp. Bill Baxter, head of the Integrated Proceeds of Crime unit] confirmed the province’s casinos are in compliance with all reporting regulations. ...
Source is HERE:
http://www.theprovince.com/health/casinos+hiding+behind+says+money+laundering+expert/4066562/story.html
""""""""""""""""""""""""""""""""""""
BC Mary comment: Please note what The Sindicate (sic.) has said ... which I cross-post here, with thanks to the author. The way I read it, we're being warned that we cannot -- dare not -- turn our faces away from a Public Inquiry into all aspects of the corrupt transfer of a huge public asset into private pockets. We know that such an event -- involving dangerous criminals -- must be well guarded, well-protected.
We can do it. BC Supreme Courtroom #20 (Vancouver) was purpose-built for similarly volatile events. The Air India Trial. The multi-accused gang trials. So we've done it before, and we can do it now for BC Rail and the future.
We absolutely must do it for BC Rail ... the biggest train-robbery ever to happen in Canada.
The Sindicate (sic.) writes:
"We corrupt, to rule," said Giuseppi Mazzinni, founder of the Carbonari and the MAFIA.
Mary, we are in a war, however undeclared; and most of those of us who know...are, well,...scared...to stick our heads up.
See the following as an example of what i mean:
"8 Jan 2011 ... Former Pentagon official was found dead in a Delaware landfill on December 31.
www.delawareonline.com/.../Times-and-locations-in-John-P-Wheeler-III-case.
Dec. 31:
4:20 a.m. -- A Waste Management refuse truck starts its route through Newark, emptying trash bins, including one containing Wheeler's body.
10 a.m. -- Wilmington police are called to investigate a body found at Cherry Island Landfill.
Medical Examiner's Office rules the death a homicide."
_____________________________________________
BC Mary says: Scared? You bet I'm scared; I've been scared since December 29, 2003 when RCMP Staff Sgt. John Ward told us that -- since 2001, he said -- Organized Crime had infiltrated every level of our society. Is it going to get better if we look away? No, it will only get worse. We know that.
The BC Rail Political Corruption issue is way, way bigger than any other aspect of public life in British Columbia. It's still the key which will open the books on who led the way into this horrible situation.
It's ludicrous -- it's a cruel distraction -- to think Organized Crime and the BC Rail Affair are all about BC Liberals vs. BC New Democrats ... because they must ALL be held to the same standard and the same question.
Every candidate hoping to become BC Premier should be asked to guarantee a Public Inquiry into every aspect of the transfer of BC Rail to CN. If they refuse or if they evade the question, they're obviously far too comfortable with the concept of having beautiful British Columbia run by the criminal underworld.
More good citizens must let them know how we feel.
_____________________________________________
Comments:
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The Mob Rules said...
Consider the following Crime Syndicate Blue-Print for Taking Over any Locale (circa 1929; courtesy of Murder Inc. out of NY).
Get Control of the major media outlets.
Control the top Politico(s).
Control the Boss of the Courts.
Throw in the brass of the uniformed armed-guardians.
Then let the bandits loose to wreck havoc with their dirty biz'ness; and skim the cream till the citizenry can't take any more.
*There's something vaguely reminiscent about the modus operandii above--no?
Consider the following Crime Syndicate Blue-Print for Taking Over any Locale (circa 1929; courtesy of Murder Inc. out of NY).
Get Control of the major media outlets.
Control the top Politico(s).
Control the Boss of the Courts.
Throw in the brass of the uniformed armed-guardians.
Then let the bandits loose to wreck havoc with their dirty biz'ness; and skim the cream till the citizenry can't take any more.
*There's something vaguely reminiscent about the modus operandii above--no?
# posted by 
: January 13, 2011 at 12:22 a.m.
: January 13, 2011 at 12:22 a.m.
.
To:
The Sindicate (sic.)
How about promoting a Public Inquiry into all aspects of the sale of BC Rail as a starting point for cleaning up the province of British Columbia?
"until the citizens can't take it anymore" ... is right about now, in my opinion.
Citizens have work to do. Now is a very good time to start work. Watch Laila Yuile's blog for a hopeful new development.
Thanks for your concern.
.
To:
The Sindicate (sic.)
How about promoting a Public Inquiry into all aspects of the sale of BC Rail as a starting point for cleaning up the province of British Columbia?
"until the citizens can't take it anymore" ... is right about now, in my opinion.
Citizens have work to do. Now is a very good time to start work. Watch Laila Yuile's blog for a hopeful new development.
Thanks for your concern.
.
Seems to me when the government brought in casinos, other than promising the money would go to sports, education, and culture (as was also promised about lotteries), that it was promised they'd be strictly regulated to prevent organized crime from taking them over......
"We corrupt, to rule," said Giuseppi Mazzinni, founder of the Carbonari and the MAFIA.
Mary, we are in a war, however undeclared; and most of those of us who know...are, well,...scared...to stick our heads up.
See the following as an example of what i mean:
"8 Jan 2011 ... Former Pentagon official was found dead in a Delaware landfill on December 31.
www.delawareonline.com/.../Times-and-locations-in-John-P-Wheeler-III-case.
Dec. 31:
4:20 a.m. -- A Waste Management refuse truck starts its route through Newark, emptying trash bins, including one containing Wheeler's body.
10 a.m. -- Wilmington police are called to investigate a body found at Cherry Island Landfill.
Medical Examiner's Office rules the death a homicide."
Mary, we are in a war, however undeclared; and most of those of us who know...are, well,...scared...to stick our heads up.
See the following as an example of what i mean:
"8 Jan 2011 ... Former Pentagon official was found dead in a Delaware landfill on December 31.
www.delawareonline.com/.../Times-and-locations-in-John-P-Wheeler-III-case.
Dec. 31:
4:20 a.m. -- A Waste Management refuse truck starts its route through Newark, emptying trash bins, including one containing Wheeler's body.
10 a.m. -- Wilmington police are called to investigate a body found at Cherry Island Landfill.
Medical Examiner's Office rules the death a homicide."
# posted by : January 13, 2011 at 9:30 p.m.
: January 13, 2011 at 9:30 p.m.
I guess you'll want to place a facebook icon to your website. I just bookmarked the url, however I had to do it manually. Simply my advice.
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# posted by : March 23, 2011 at 9:47 a.m.
: March 23, 2011 at 9:47 a.m. << Home
