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Money Laundering Scheme Backfires

CANADA – As reported by the National Post: "…One cocaine trafficker attempted to launder his drug money through a casino, according to the report Money Laundering in Canada: An Analysis of RCMP Cases.

"After giving $7,000 in cash to his son and $20,000 in cash to a friend, both were told to go to a casino, purchase chips, play a few games, and then cash out by requesting a cheque for the amount of the chips.

"…Unbeknownst to the drug trafficker, his friend had a serious gambling problem and compulsively bet until he lost the entire $20,000 at the craps table…"

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