The Joint Illegal Gaming Investigation Team (JIGIT) of the Combined Forces Special Enforcement Unit of British Columbia (CFSEU-BC), Canada has arrested two individuals during an investigation into loan-sharking and ML. JIGIT began its investigation in August 2019 when it became aware of the operation of a money service business against Canada’s Proceeds of Crime Money Laundering and Terrorist Financing Act (PCMLTFA).
JIGIT’s investigation revealed that the detainees had laundered over CAD 828,000 ($659,698). On November 5th, 2021, JIGIT searched various properties in Richmond and Burnaby in British Columbia, Canada. The team also searched three vehicles linked to the investigation.
Upon these searches, JIGIT seized various items that may be related to ML and loan-sharking. These include score sheets with client names and payment due dates, four cellular phones, three luxury vehicles, two bank drafts summing up to CAD 50,000 ($39,837), and cash worth over $8,500.