The mass Chinese invasion of Canada has created a criminal enterprise involving the Triad, drugs, and a money laundering scam so great that David Eby, British Columbia’s Attorney General has called it a “crisis,” saying that that “hundreds of millions of dollars in suspicious cash have flowed through B.C. casinos, hundreds of people are dying of drug overdoses, and that real estate in Vancouver has become unaffordable for the middle class.”
Eby was responding to a Global News investigation which revealed the full extent of the criminal Chinese gangs who are using the presence of their racial compatriots in China to ship “narcotics, including fentanyl, to Vancouver, washing the drug sales in British Columbia’s casinos and high-priced real estate, and transferring laundered funds back to Chinese factories to repeat this deadly trade cycle.”
“Whether you’re talking about fentanyl or whether you’re talking about real estate, it’s a crisis,” Eby said, admitting that even the “B.C. government doesn’t know the scale of the problem.”
The Global News report said that the “flow of narcotics and chemical precursors — and a rising death count in western Canada caused by synthetic opioids — is driven by sophisticated organized crime groups known as Triads.”
This Chinese gang have “have infiltrated Canada’s economy so deeply that Australia’s intelligence community has coined a new term for innovative methods of drug trafficking and money laundering now occurring in B.C. It is called the ‘Vancouver Model’ of transnational crime,” the report continued.
Details of this ‘Vancouver Model’ are outlined in a report obtained by Global News from B.C.’s provincial government, in a freedom of information request. The report, by John Langdale of the department of security studies and criminology at Macquarie University, was presented to Australian intelligence officers and Austrac, the country’s anti-money laundering agency.
Eby told a federal committee in Ottawa that “Canada’s anti-money laundering system has completely failed” and that “gangsters have been openly carrying hockey bags stuffed with hundreds of thousands in drug cash into B.C. casinos, and there has not been a single prosecution.”
He added that the report shows “that Vancouver is now recognized internationally as a hub of transnational money laundering.”
The report explains how Chinese criminals exploit “weak links” in global regulation. In one example, Triads deal with the state of North Korea, and Latin American drug cartels, to run a shadow economy based on the trading of narcotics, counterfeit goods, and illegal migrants.
Similarly, the regions of Vancouver, Hong Kong and Macau have formed a black market financed by intricate Chinese underground banking networks. According to the Vancouver Model report, the underground banks are at the heart of Chinese drug trafficking crime.
These secret banks have developed for centuries on China’s southern coast, police intelligence reports say. They consist of family members spread across Chinese communities worldwide.
They can move money, drugs and commodities around the world, without having to send funds across national borders. The banks maintain reserves of various currencies at locations worldwide, taking deposits in one area, and paying out withdrawals in another.
In order to function, the underground banks need financial facilitators, and the Triads have used some lawyers, bankers, casino operators, and gambling junket operators in Hong Kong, Macau and Vancouver, Langdale’s report says.
Langdale says that Australia’s government is worried about Chinese capital flight, because Austrac can’t differentiate between legitimate and criminal money pouring into Australian assets. His report outlines a worst case for Australia: “Possible scenario. Sydney as a regional hub for Chinese transnational crime (the Vancouver Model.)”
The model’s criminal elements, according to the report, are:
* Traffic illegal drugs from Guangdong and Latin America”
* “North American illegal drug dealing networks supplied by Chinese methamphetamines and precursor chemicals”
* “Launder money into high-end real estate (funded by Chinese) capital flight, and launder money through the high-roller tables in casinos”
* “High rollers used Canadian casinos, junket operations, and investment in Canadian real estate”
* “Use banks, money transfer businesses to shift money to and from China and other countries (including) Mexico and Columbia.”
A 2017 report in the Vancouver Sun said that “Vancouver is the most ‘Asian’ city outside Asia,” and that “forty-three per cent of Metro Vancouver residents have an Asian heritage, which is a much higher proportion than any other major city outside the continent of Asia.”
The report added that “nine out of ten newcomers to Metro Vancouver between 2001 and 2011 were born outside the country,” and that “in addition, Statistics Canada reports that 70 per cent of all recent immigrants to Metro Vancouver have origins in Asia.”