Evidence has risen pointing to a possible case of money laundering by the River Rock Casino located south of Vancouver.
The casino has become a favorite of wealthy Chinese gamblers and a string of large cash bets caught the attention of officials from British Columbia’s Gaming Policy and Enforcement Branch. Staff at the River Rock casino referred to the source of these large bets being “Asian VIPs”; high rollers who are usually visitors to Canada, business people with interests in the Vancouver region and other trade projects between China and Canada. (READ SO: NO CASINOS IN CANADA)
A previously confidential government report was previously released and has now been made public was quite clear in highlighting that the initial investigation’s findings show:
“Reasonable grounds to suspect money laundering activity through the use of un-sourced funds has been confirmed. While the patron may be bona fide, the un-sourced cash being accepted by the casino may be associated with criminal activity.”
The report contains evidence of the River Rock casino receiving C$13 million in C$20 bills over the course of just one month in July of 2015.
Commenting on the release of this report, British Columbia Attorney General, David Eby, stated “I received a series of briefings that caused me to believe that our province could do more to combat money laundering at British Columbia casinos”
