B.C. mayors want inquiry into links between fentanyl, money laundering and real estate
B.C.’s attorney general says as much as $1 billion of drug money laundered each year through real estate, and that dirty money has played a role in inflating the price of homes in province. Police say a lot of that drug money is coming from fentanyl linked to China. A group of municipal politicians are also calling for a public inquiry into the role of drug money on B.C.’s housing market.
• Video Link
A good watch, goes through all the steps of money laundering near the end of the video. We really need a full out public inquiry into the connections between drugs, money laundering and or real estate.