Suspicious Chinese Funds Should Have Raised ‘Alarm Bells’ at Canadian Banks: Experts
For eight years, Chinese property developer Chen Runkai used hundreds of wire transfers to move tens of millions of dollars into accounts at Canadian banks –– a technique experts say is a hallmark of money laundering.
Chen and his daughter both own mansions on this street in Vancouver’s Point Grey neighborhood. (Photo: Darryl Dyck for the Toronto Star/OCCRP)