How CCP-Backed Money Launderers Exploit Canada’s Loopholes for Cartel Operations

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One of the primary money laundering methods used by Chinese criminal groups is the so-called Vancouver Model.

How CCP-Backed Money Launderers Exploit Canada’s Loopholes for Cartel Operations

A container ship docked under gantry cranes at a port in Vancouver in a file photo. The Canadian Press/Darryl Dyck

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News Analysis

Last week, the U.S. Treasury Department issued an advisory that described Chinese money launderers as “vital” to cartel fentanyl trafficking, saying that from 2020 to 2024 US$312 billion was found to be linked to such activities.

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