Violent Gang Believed to Have Laundered Millions Through Illegal Gambling Biz

Written by:
Guest
Published on:
Jun/13/2017

Nine individuals were arrested and charged with money laundering for their alleged role in running an illegal gambling operation.  The gang also engaged in drug trafficking, loan sharking, kidnappings, extortions and other violent acts.

A year-long investigation by British Columbia’s anti-gang task force culminated in overnight raids and the arrests of individuals with ties to organized crime that extended to China and other unnamed countries.

“During the investigation, it was apparent there were multiple roles filled by different people which enabled or facilitated the organization in laundering large amounts of money through casinos,” said Kevin Hackett, the RCMP assistant commissioner in charge of CFSEU, said at a news conference at RCMP “E” Division headquarters in Surrey Tuesday.

Those amounts were believed to be in the millions of dollars.

Casinos tied to the money laundering activity were only identified as being located in the Lower Mainland, though law enforcement noted that none of the nine individuals were employees of the casino businesses. 

- Jagajeet Chiba, Gambling911.com

Gambling News

Teacher Accused of Gambling Away Homecoming Fund: $90K on Penny Slots

A high school teacher has been accused of gambling away thousands of dollars from a school fund designated for the annual homecoming dance.

Genovese Mobster Charged Last Year for Illegal Bookmaking Now Indicted on Tax Fraud

Genovese Mobster Charged Last Year for Illegal Bookmaking Now Indicted on Tax Fraud

Genovese Mobster Salvatore DeMeo has bee indicted on tax fraud charges and is accused of cheating the IRS out of $365,000 in taxes.

Clown With Hammer Robs Casino

Clown With Hammer Robs Casino

Manhunt continues for man described as tall, slim and in his late teens to early 20's.

Take the Plunge With a White Label Online Bookie Solution

Take the Plunge With a White Label Online Bookie Solution

Deciding to move your business online is not a choice anymore, it is a necessity to survive in todayís market place.

In Las Vegas, Excess and Fantasy Bleed Into Tragedy

In Las Vegas, Excess and Fantasy Bleed Into Tragedy

Rather than deal with their lapses – moral, financial, marital – there’s a ready-made marketing slogan to fall back on: “What happens in Vegas stays in Vegas.”

Syndicate