Canadian woman charged with failure to report importation of money in US that was concealed in underwear

Tweet The US has charged a Canadian woman for failing to report the transportation of more than USD$10,000 cash in the country as required by US anti-money laundering legislation. The woman, Moura El-Asmar, is alleged to have sewn $39,000 into her bra and to have attempted to enter the US wearing that bra. She is […]

CBSA at Vancouver airport seize $15 million in undeclared funds in a year

Tweet According to this article in the Vancouver Sun, the Vancouver airport tops the country with the most seizures of unreported currency by travellers, with over $15 million intercepted in one year. Most of the persons entering or departing the country with undeclared currency originate or are travelling to, China. Under the Proceeds of Crime […]

Canadian officials agree to share cross-border currency reports with U.S.

Tweet Officials from Canada’s Border Services Agency (CBSA), U.S. Immigration and Customs Enforcement and U.S. Customs and Border Protection have signed an agreement that requires the countries to notify one another when more than $10,000 in currency is seized at the border. The Memorandum of Understanding for the Sharing of Currency Seizure Information is based […]