Illegal money flows in Canada have inflated property prices and profits for insiders in gambling, luxury retail, the realty sector and lenders, while costing Canadians greatly in terms of unaffordable home prices, related household debt, increased crime and lost tax revenues.
Court cases have collapsed, news conferences cancelled, and political leaders stonewalled in multiple attempts to inform the public of the magnitude of British Columbia’s problem with illegal gambling. Not that things haven’t been going on away from the public eye. For at least six years, someone who witnessed criminal behavior has been quietly co-operating with the RCMP and helping reporters ask the right questions.
In this week’s W5 investigation, he reveals his identity in public for the first time, hoping it will help all Canadians appreciate the scope of our country’s problem with organized crime and money laundering. It’s a massive problem in Vancouver, but the city isn’t alone. Here is a direct video link.
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