The RCMP logo is seen outside Royal Canadian Mounted Police “E” Division Headquarters, in Surrey, B.C., on Friday April 13, 2018. The RCMP say they’ve dismantled an international money laundering operation with a series of arrests in Quebec and Ontario today. (Darryl Dyck/The Canadian Press)

RCMP arrest 15 in alleged international money laundering scheme

Police have seized more than $1 million in Canadian and foreign currency

The RCMP say they’ve dismantled an international money laundering operation with a series of arrests in Quebec and Ontario today.

Sgt. Luc Thibault says the force has been investigating the operation since the spring of 2016.

He provided few details about the operation, saying more would be revealed at a news conference scheduled for Tuesday morning.

Thibault says 300 RCMP officers are in the process of executing 11 searches in the Montreal and Greater Toronto areas.

They have seized more than $1 million in Canadian and foreign currency as well as several types of drugs.

He says officers have arrested 15 people so far and are seeking four more.

Thibault did not release the names of those allegedly involved, but said expected charges include conspiracy, trafficking and laundering the proceeds of crime.

READ MORE: Canada seizes $1.4M in illicit pharmaceuticals as part of international sting

READ MORE: Couple accused in legislature bomb plot free to go, B.C. top court says

The Canadian Press


Like us on Facebook and follow us on Twitter.

Just Posted

Rain in forecast for Okanagan-Shuswap region

Mixed bag of clouds, sun and showers forecast for the week ahead

PPC party discredits its former Kelowna-Lake Country president’s past accusations of racism

Daniel Joseph left the party in March and is now an independent candidate in the riding

Judge orders credit union’s bank records for Kelowna social worker facing theft allegations

The man is accused of negligence, breach of contract, fraud and a conspiracy with Interior Savings

Design submitted for new restaurant at location of former Kelowna hot-spot Rose’s Pub

Cactus Restaurants purchased the property earlier this year

Cancer cure breakthrough needs more research

Dr. Connie Eaves, a leading biotech research scientist in Canada, was keynote speaker at cancer care forum held Friday in Kelowna

B.C. VIEWS: How to get the best deal on your ICBC car insurance

ICBC slowly being dragged into the 21st century

Pot legalization has gone ‘well’, but ‘yellow flags’ on vaping: task force chair

Canada legalized cannabis for non-medical use on Oct. 17, 2018,

ELECTION 2019: Federal leaders hit final 24 hours of campaign

Many leaders remain in B.C. for the final hours of the campaign

Okanagan Lotto 649 ticket matches five of six numbers and bonus

Ticket in Saturday’s draw bought in Vernon and is worth nearly $32,000

VIDEO: Meet your Kelowna-Lake Country candidates

All seven Kelowna-Lake Country candidates answer questions about themselves and their policy

VIDEO: Meet your Central Okanagan-Similkameen-Nicola candidates

Central Okanagan-Similkameen-Nicola candidates answer questions about themselves and their policy

Summerland once had college campus

From 1906 to 1915, Summerland’s Okanagan College operated in the community

Hundreds turn out for Singh, NDP candidate rally in Penticton

The messaging was clear, NDP “chooses you”

Most Read