An article by Pete Syme called, “Investigators cracked a $130 million money-laundering scheme by tracing the ringleader’s air miles” discusses how investigators tracked a money-laundering scheme by tracing a ringleader’s frequent flyer miles. The Wall Street Journey initially reported that over US$131 million in cash was smuggled between London and Dubai in 83 trips. UK’s…
In an article entitled “Man accused in $78 million pump-and-dump scheme files B.C. court petition,” the Vancouver Sun shares developments in recent court filings made by British businessman, Kevin Miller against the Law Society of British Columbia. A 2015 US Securities and Exchange Commission (SEC) complaint implicated Miller and others in artificially inflating stock prices…
BIV – Business Intelligence For British Columbia published Graeme Wood’s article entitled “Will B.C. adopt ‘McMafia’ law to combat money laundering?” on August 11, 2022. In his article, Wood compares the potential advantages and risks of Unexplained Wealth Orders (UWOs) in response to a growing number of large mansions on Richmond farmlands with alleged ties…