Chinese Gangs Laundering Fentanyl Money in Real estate , Via Banks destroying Western Society
475 views · Published 22 September 2017 · 3:55 · Indexed 6 November 2026
Channel: Mike Martins · 2017 · People & Blogs
My Opinion: The commonwealth is Under attack by tons of Money Laundering and its displacing young families in New Zealand , Canada, Australia , UK , and American Blue States ! It is known as the “Vancouver model” – a criminal technique that turned the Canadian city into a byword for Chinese money laundering. The term, coined by Australian academic Professor John Langdale of Macquarie University in 2017, described a process in which launderers would simultaneously smuggle Chinese money to Canada in circumvention of Beijing’s cash export laws, while sending Canadian drug money back to gangsters’ bank accounts in China, all facilitated by British Columbia casinos, in a kind of criminal alchemy. 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.
More from this channel
-
7:06
Man BLOCKS Vancouver Bus for 3.5 hrs !
-
1:17
GOODBYE CORVETTE! Trading My 1996 Corvette for a Family Car
-
1:11
I Traded My Corvette for a Chrysler 300C HEMI — Was It Worth It?
-
2:35
Remember the Kitten I Found in a Dumpster? Look at Miami Now!
-
3:47
Small Business Owner BLASTS Yelp — “It’s Hurting Our Businesses!”
-
4:47
Portuguese Piri-Piri Sauce vs Nando’s — Which One Is Better?
-
5:06
I Collected These as a Kid… They STILL Make Wacky Packages?!
-
3:06
Retail Apocalypse ahead, Canadians Are going Broke, Expensive housing → less money → less spending