he Royal Canadian Mounted Police has been dismantling an important money laundering network based in Toronto and Montreal since 6:00 am, with links to other countries.
More than 300 police officers from the RCMP's Division C Crime Products Division (Quebec), the RCMP in Ontario, Laval, Montreal and Toronto are participating in the operation.
A total of 19 individuals are targeted, 12 in the Montreal area and seven in the Toronto area, where the suspected leaders of the network were located. Eleven searches are planned.
According to our sources, this is a money-laundering network that offers turnkey services to drug traffickers, and has connections with several countries, including Iran, Lebanon and the United Arab Emirates. .
According to information that has not been confirmed, the suspects reportedly used at least one exchange office in the Toronto area.
Investigation of more than two years
The collector investigation began more than two years ago. During the investigation, between May 2016 and August 2018, the police found large quantities of cannabis, cocaine, hashish and methamphetamine that were not specified. They also seized more than 1.7 million in Canadian money and various currencies.
The Canada Revenue Agency is involved in the file and we are talking about blocking buildings worth more than $ 15 million.
Suspects arrested in Toronto will be transported to Montreal aboard an RCMP-owned aircraft. All suspects are scheduled to appear tomorrow at the Montreal Courthouse.
The RCMP will explain its investigation tomorrow at a press conference at 10:00 am at C Division Headquarters on Dorchester Street in Montreal.
