By PAUL O’DONOGHUE, Senior Correspondent
CANADA’S financial intelligence agency has said online gambling platforms are a potential channel for laundering proceeds from fentanyl trafficking.
In a new operational alert, FINTRAC (the Financial Transactions and Reports Analysis Centre of Canada) said traffickers use online casinos to deposit and withdraw funds, masking illicit earnings as gambling activity.
Subscribe now to have unlimited accessWith our subscription, you will have unlimited access to the AML Intelligence site, updated daily with the latest analysis, opinion, and breaking news across the sector, newsletter delivered twice per week, access to our Global Bank Fines & Penalties database, free access to Boardroom Series and more!
View subscription optionsIf you have an account, log inNEWS: Online gambling linked to laundering of fentanyl profits, warns Canada’s FINTRAC – AML Intelligence Canadian News Today.
Read More Details
Finally We wish PressBee provided you with enough information of ( NEWS: Online gambling linked to laundering of fentanyl profits, warns Canada’s FINTRAC – AML Intelligence )
Also on site :
- Rock Legend Shares Bold Message About L.A. Protests
- Tony Awards draw best audience in 6 years for CBS
- Ax-wielding man at Pacific Beach library faces preliminary hearing