Fifteen family members charged in thr...

Fifteen family members charged in three-year RCMP investigation

Posted in the Georgetown Forum

jack

North Bay, Canada

#1 May 15, 2013


Fifteen family members have been arrested in a three-year financial crime investigation headed by the RCMP.


Police allege the family generated $3.6 million in profits from “illicit activities,” which they laundered by buying 41 properties, as well as three coffee shop franchises, one commercial fishing vessel and other small businesses.


The RCMP seized $2.7 million, including more than a dozen properties, six vehicles, a fishing vessel and 32 bank accounts.


Police also allege fraudulent documents were used to obtain more than $8.7 million in mortgages for properties, some of which were used to grow marijuana.

This investigation stemmed from a 2008 probe in which Peter Huu Hat Le of Toronto was charged with multiple drug offences, including producing and distributing marijuana, and exporting ecstasy and methamphetamine to the U.S.


Over a 10-year span, RCMP allege, people related to Le were associated with 27 marijuana growing operations in Ontario and two in B.C. Three family members also held real estate licences in Ontario, police said.


As a result of the most recent investigation, the family members are charged with multiple counts of possession of property obtained by crime, money laundering, obtaining credit through fraud, using forged documents and committing an indictable offence for the benefit of a criminal organization.


Of those charged, five are from Mississauga, three from Toronto, two from Niagara Falls and one each from Brampton, Winnipeg, Calgary, Vancouver and one of no fixed address.


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