Calgary Herald

Money lAundering (ii)


Investigat­ors found evidence of an alleged “test run” that transferre­d $64,000 to Hong Kong via a technique known as “smurfing.” Accomplice­s, or smurfs, were allegedly paid to deposit money into designated bank accounts. The transactio­ns were under the $10,000 threshold that triggers reporting to federal authoritie­s.

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