Ottawa must crack down on Toronto underground banks, community leaders say

Article Link: https://globalnews.ca/news/7593255/ottawa-must-crack-down-on-toronto-underground-banks-community-leaders-say/

Iranian-Canadian community leaders and anti-money laundering experts say Canada is failing to police the explosive growth of Toronto-based underground currency exchanges that are laundering drug money, financing foreign terrorist groups, and supporting the Iranian regime. Kaveh Shahrooz, a lawyer and human rights activist, and Reza Banai, a Toronto businessman and former president of the Iranian Canadian Congress, said details of a Global News investigation into money laundering in the Toronto currency exchanges highlight a crisis that was already recognized in the Iranian community. The investigation revealed that alleged RCMP mole Cameron Ortis is accused of selling RCMP operations plans to the transnational criminal network of Altaf Khanani, a money laundering kingpin with links to foreign terrorist organizations and the Iranian regime.