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Cullen Commission. The Cullen Commission (officially: Commission of Inquiry Into Money Laundering in British Columbia) is a money laundering inquiry established by the Canadian province of British Columbia. Currently all evidence has been presented, and the Commission was given an extension until May 20, 2022, to deliver its findings. [1]
Cooper has been an investigative journalist for a number of years, first establishing himself for his anti-corruption reporting at Vancouver-based newspaper The Province. [ 2 ] He left the Postmedia newspapers to work for Global News , where his coverage on money laundering in Canada , alleging a relationship between foreign states colluding ...
This investigation followed on from a probe by the US Federal Reserve and Office of the Comptroller of the Currency found that there was "significant potential for unreported money laundering or terrorist financing". [81] On 11 December 2012, HSBC agreed to pay a record $1.92 billion fine in this money laundering case.
It is the biggest money laundering case in Singapore, and among the biggest in the world, [2] involving assets worth 3 billion Singapore dollars. [ 3 ] Initially, only 1 billion Singapore dollars worth of assets was either seized, frozen or issued prohibition of disposal orders although the value of assets involved would later balloon to 3 ...
The Vancouver Model is the name anti-money laundering experts gave to a unique model observed in Vancouver, Canada. [5] It involves taking illicit cash earned through crime to a casino (often a VIP room), and gambling some of the proceeds. The chips are then cashed out of the casino as clean cash. To further obfuscate the funds in a money ...
1860s. Jacob Young, William Abrams, and Nancy Clem ran what author Wendy Gamber argues, in her book The Notorious Mrs. Clem: Murder and Money in the Gilded Age, was the first-ever Ponzi scheme. [ 1][ 2] In Munich, Germany, Adele Spitzeder founded the "Spitzedersche Privatbank" in 1869, promising an interest rate of 10 percent per month.
Website. Court of Appeal. Chief Justice. Currently. Leonard Marchand. Since. December 8, 2023. The British Columbia Court of Appeal (BCCA) is the highest appellate court in the province of British Columbia, Canada. It was established in 1910 following the 1907 Court of Appeal Act.
A Rolls-Royce Dawn vehicle seized by police at a residence of Su Jiafeng, one of the suspects in the S$2.8 billion money-laundering case, in Singapore, on Wednesday, Oct. 25, 2023.