11 MAY 2011

http://communities.canada.com/vancouversun/blogs/realscoop/archive/2011/05/11/suspected-money-laundering-in-b-c-s-northeast-kootenay.aspx#comments

There was a surprising finding by the Financial Transaction and Reports Analysis Centre when it looked back at suspicious money transactions across Canada dating back a decade.

There were a disproportionatley high number  - more than 2,000 per 100,000 people over nine years - around both the Fort. St. John and Nelson regions of B.C. They are speculating this is linked to the drug trade.    

Suspicious transactions can include large money deposits, unexplained sources of chunks of cash being brought into a bank or credit union, a whole series of deposits that when added up equal one large one exceeding the $10,000 threshold.