Updated: Tue Apr. 12 2011 11:33:39

ctvwinnipeg.ca

http://winnipeg.ctv.ca/servlet/an/local/CTVNews/20110412/wpg_money_laundering_110412/20110412/?hub=WinnipegHome

As a result of a three-year-long investigation, officers have charged a suspect in connection with a money laundering scheme, said RCMP.

In March 2008, Winnipeg police executed a search warrant at two properties on Kingston Row. Charges of possession of cocaine for the purpose of trafficking, production of cocaine and possessing proceeds of crime were laid. That matter remains before the courts.

Officers seized more than $150,000 in Canadian, American and Costa Rican currency in the investigation, along with diamonds, which prompted an investigation into a suspect's finances, said RCMP.

The subsequent investigation by the Integrated Proceeds of Crime Unit, which includes RCMP and Winnipeg police among others, later led to the seize of a boat, a cottage at Lake of the Woods, a house on Kingston Row and a Harley Davidson motorcycle, all believed to be proceeds of illicit drug trafficking, said RCMP.

Dennis Atilla Kisfalvi, 36, of Winnipeg faces charges for money laundering and possession of proceeds of crime, said RCMP. He is scheduled to make a court appearance on May 5, 2011.