Narcos Canada: Canadian banks & professions deal with significant proceeds of crime from narco trafficking and serious crimes; Canada listed again as “major money laundering country”; plus 10 money laundering areas of concern identified by the US for Canada

Canada still on the Majors List Canada made it on the “Majors List” in the annual US State Department’s International Narcotics Control Strategy Report (“INCSR“) again this year. The Majors List is three lists and it designates countries that are (1) “Major Illicit Drug Producing and Drug Transit Countries”; (2) “Major Precursor Chemical Source Countries”; […]

Canadian accused of money laundering as part of sophisticated lawyer-concocted shell operation to hide proceeds of crime, extradited to New York and indicted

A Canadian charged with money laundering, Enzo Vettesse, was extradited to New York last week and a 2013 sealed indictment against him, was unsealed. On March 18, 2013, Montrealer Vettesse was caught in New York transporting a suitcase filled with US$245,000 in cash and confessed to US law enforcement that he was traveling with the […]

Mexican national with alleged ties to money laundering, is fighting to re-enter Vancouver

The Vancouver Sun has an interesting story here about an immigration case in the Federal Court of Canada involving alleged money laundering of a politically exposed person (“PEP”) with ties to the leader of a Mexican political party called the National Action Party. Sergio Antonio Reyes Garcia, a Mexican national, arrived in Vancouver on March […]