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

Kenney talks pipelines with Trudeau after election win, calls it cordial

Almost a year ago Kenney dismissed Trudeau as a dilettante and a lightweight

Sylvan Lake Youth Services receives grant for mental health programming

The Alberta Health Services grant will be put towards running the Community Helpers Project

Sylvan Lake’s Leaders of Tomorrow awards get a new look

The Youth Sparks Awards will feature six award categories on May 31

Novice Sylvan Lake Buccaneers sail to home opener win

The novice Buccaneers played in a triple-header with the bantam and midget Buccaneers on April 12

Former Sylvan Lake resident receives humanitarian award

Humanitarian efforts see Sylvan Lake native recognized for long-term contributions

‘Open for business:’ Jason Kenney’s UCP wins majority in Alberta election

The UCP was leading or elected in 63 of 87 seats Tuesday night

Flooding, climate change force Quebecers to rethink relationship with water

Compensation for victims of recurring floods limit to 50% of a home’s value, or a maximum of $100,000

Storms blast South, where tornadoes threaten several states

9.7 million people in the Carolinas and Virginia at a moderate risk of severe weather

Private cargo ship brings Easter feast to the space station

There are three Americans two Russians and one Canadian living on the space station

Notre Dame rector: “Computer glitch” possible fire culprit

The fire burned through the lattice of oak beams supporting the monument’s vaulted stone ceiling

Undercover cops don’t need warrant to email, text suspected child lurers: court

High court decision came Thursday in the case of Sean Patrick Mills of Newfoundland

VIDEO: Trump tried to seize control of Mueller probe, report says

Special counsel Robert Mueller’s report revealed to a waiting nation Thursday

Alberta RCMP reminds Albertans how to be ‘egg-stra’ safe this Easter

Put away phone while driving, plan for a designated driver

B.C. awaits Kenney’s ‘turn off taps,’ threat; Quebec rejects Alberta pipelines

B.C. Premier John Horgan said he spoke with Kenney Wednesday and the tone was cordial

Most Read