RCMP says Montreal group laundered tens of millions in drug money

Hundreds of police officers, aided by the Canada Revenue Agency, took part in raids in Ontario and Quebec

Authorities have laid charges against 17 people allegedly involved in an extensive international money laundering network with ties to organized crime.

At a news conference today, the RCMP said the network had cells in Montreal and Toronto that collected and laundered money from Montreal criminal groups.

Supt. Martine Fontaine said the network used connections in Lebanon, the United Arab Emirates, Iran, the United States and China to launder money before returning it to drug-exporting countries, such as Colombia and Mexico. She said it had the capacity to handle tens of millions of dollars.

She called the investigation one of the most important of its kind in Canada and one of the rare money laundering probes that has led to gangsterism charges.

“It is by depriving criminal groups of their money laundering networks that we will shake the very structure of organized crime,” she said.

READ MORE: Money laundered through B.C. casinos for years, report says

On Monday more than 300 officers from the RCMP and other forces, aided by the Canada Revenue Agency, took part in raids in Ontario and Quebec as part of a probe named “Collector.” They seized drugs, cash and bank accounts and restrained real estate with a total estimated value of $32.8 million.

Seventeen people face charges including conspiracy, possession of drugs for the purpose of trafficking, gangsterism and laundering proceeds of crime.

The network’s alleged leaders, Nader Gramian-Nik, 56, of Vaughan, Ont., and Mohamad Jaber, 51, of Laval, Que., were among those arrested. Three suspects are still being sought.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

Life’s work of talented Salmon Arm sculptor leads to leukemia

Former Salmon Arm resident warns of dangers of chemical contact

Shuswap PRIDE to hold picnic today at Blackburn Park

LGBTQ2S folk and friends and supporters invited to a community potluck this evening, June 18.

Salmon Arm car dealership wants unique stolen Jeep returned

The red 1989 four-by-four was taken from Salmon Arm GM’s lot early Monday morning.

Video: Shuswap Search and Rescue help injured mountain biker

North Vancouver woman falls on trail in North Shuswap

Police request public’s help after cat shot in North Shuswap

Chase RCMP seeking information, small calibre bullets lodged in shoulder of pet

Murray McLauchlan delights Okanagan crowd

Canadian music icon puts on wonderful two-hour show at Performing Arts Centre

Rose Valley Rd. fire in West Kelowna has now been extinguished

West Kelowna Fire Chief says first two grass fires Tuesday were human caused

College investigates Okanagan physiotherapist

Stephen Witvoet’s matters are currently before the courts

Horgan says he’ll still defend B.C. coast after second Trans Mountain approval

Meanwhile, one B.C. First Nation has announced plans for a legal challenge

Demonstrators on either side of Trans Mountain debate clash in Vancouver

Crowd heard from member of Indigenous-led coalition that hopes to buy 51% of expansion project

MPs hear retired South Okanagan nurse’s petition to change compensation for fatal medical errors

Teri McGrath wants provinces to implement no-fault system for medical errors

Public weighs in Okanagan rail trail parking development

“It was a great evening to interact with the community and hear the input for the property”

Grieving B.C. mom hopes Facebook message leads to new investigation into son’s Surrey homicide

Criminal Justice Branch didn’t lay charges, concluding no substantial likelihood of murder or manslaughter conviction

Okanagan library branch back in business after Monday closure

Discovery of unknown powdery substance in Vernon book return prompts evacuation, closure

Most Read