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

Community investment co-ops get provincial support

The Creston & District Community Investment Co-op is serving as a model… Continue reading

Clean economy a provincial priority

MLA Michelle Mungall hosted a CleanBC Open House at the Creston &… Continue reading

Premier Horgan talks jobs and opportunity at Castlegar mill

Upbeat visit brings message of hope and co-operation among Kootenay forestry players

UPDATE: Dog poisoned on run near Kitchener

“She just dropped,” Stolz said. “Her back leg seized in mid-run and she collapsed.”

Police week includes dispute over dogs

Creston RCMP responded to 63 calls for service from April 16-22, including… Continue reading

VIDEO: Large dust devil swirls through town in B.C.’s interior

Residents look on as column climbs about 90 feet into the air

RCMP arrest B.C. man following threatening Vaisakhi Facebook post

Post made reference to pressure cooker bomb at massive Surrey parade

Second dump site of Dungeness crab discovered in northern B.C.

DFO confident new site related to larger April 2 dump

Northern B.C. high school student reaches 100,000 followers on YouTube

Voice actor, animator, Jericho Fortune has more than 30-million views on his channel GTAGAMER222

B.C. woman pleads for people to stop stealing daffodils meant to honour cancer victims

Cynthia Bentley honours memory of those lost to cancer by planting 100 daffodils each year

University mourns student who died in B.C. canoeing accident

Andrew Milner, 19, was in his second year with the University of Calgary’s basketball program

Canfor temporarily shutting down lumber mills across B.C.

Low lumber prices and the high cost of fibre are the cause of curtailment, according to the company

Two in critical condition, several still in hospital after Langley deck collapse

Close relative Satwant Garcha makes daily trips to visit those injured at the wedding

Allegedly intoxicated man arrested after 3 paramedics attacked at Kamloops hospital

Paramedics had transported the man to Royal Inlands Hospital for medical treatment

Most Read