Commissioner Austin Cullen listens to introductions before opening statements at the Cullen Commission of Inquiry into Money Laundering in British Columbia, in Vancouver, on February 24, 2020. THE CANADIAN PRESS/Darryl Dyck

Commissioner Austin Cullen listens to introductions before opening statements at the Cullen Commission of Inquiry into Money Laundering in British Columbia, in Vancouver, on February 24, 2020. THE CANADIAN PRESS/Darryl Dyck

B.C. money laundering inquiry hears of $800,000 and more in bags, luggage, backpacks

The lottery corporation has said it consistently reported suspicious transactions to Fintrac

Vast amounts of cash started flowing into British Columbia’s largest casino in 2010 and transactions of $800,000 or more became common as players hauled in bags, suitcases and backpacks full of cash, an inquiry heard Monday.

Steven Beeksma, who worked as a surveillance manager at the River Rock Casino in Richmond, recalled one case in 2014 of a player bringing in $200,000. The player then lost $6,000 and cashed out with $194,000 in $100 bills, which would receive less scrutiny when deposited in a bank, he said.

“This would be a case of refining, where the player was using the casino to exchange his $20 bills for $100 bills either for his own purpose or acting on behalf or a third party,” Beeksma added.

“We would have no way of knowing, but that behaviour would be suspicious to us.”

It’s unlikely banks would dispense so much money in $20 bills, said Beeksma, who was employed by the Great Canadian Casino Corp. for 12 years before working at River Rock as an investigator for the B.C. Lottery Corp. starting in 2010.

Beeksma, who works as an anti-money laundering specialist with the lottery corporation, said he did not intervene in the suspicious transactions at the direction of managers who ran the casino.

“We had concerns about the cash’s origins for sure,” he said ”The concern would be proceeds of crime but with limited information available to us it was more of an assumption at that time.”

The B.C. government launched the inquiry after reports outlined how illegal cash was helping to fuel the real estate, luxury car and gambling sectors in the province. The province also commissioned three reports that said those businesses were hotbeds for dirty money.

Beeksma said banned players were seen on surveillance video dropping off bags of cash to patrons in a parking lot.

In one case in February 2012, a person who’d been banned for loan sharking provided a patron with $50,000 in cash in a washroom, according to Beeksma.

The woman then left and was later seen on surveillance video being dropped off at the back of the casino by the general manager of the Great Canadian Gaming Corp. at the time, said Beeksma, who did not name the general manager.

An investigation determined the patron had been out for a meal with him and was given gifts including chocolates and roses, the inquiry heard.

The same woman was again handed $50,000 cash in $20 bills as part of a cash drop-off and the money was accepted as a buy-in by the casino, Beeksma said.

“There was no direction that buy-ins of this nature should not be accepted, is that fair?” inquiry lawyer Patrick McGowan asked.

“That’s fair, yes,” Beeksma said, adding it wasn’t uncommon for valuable players to be wined and dined by the general manager.

“He likely had no idea what was about to happen but he put himself in a precarious situation,” Beeksma said.

In 2015, new regulations brought in by the B.C. Lottery Corp. included players being interviewed in an effort to determine the source of their money.

The lottery corporation has said it consistently reported suspicious transactions to Fintrac, Canada’s financial transactions reporting centre, and pointed out unusual conduct to the gaming policy enforcement branch.

The corporation has also brought in measures to control or prevent the flow of dirty money since 2012, including creating an anti-money laundering unit made up of certified investigators and intelligence analysts.

The Great Canadian Gaming Corp., which owns several B.C. gambling sites, has defended the company’s efforts to limit money laundering, telling the inquiry that criticism of the industry is unfounded.

ALSO READ: Civil forfeiture office alleges $2M Surrey home was used to launder cannabis money

Camille Bains, The Canadian Press


Like us on Facebook and follow us on Twitter.

Want to support local journalism during the pandemic? Make a donation here.

money laundering

Just Posted

Williams Lake Farmers’ Market manager Barb Scharf said Friday, May 7, she was glad to have everyone back for another season. (Monica Lamb-Yorski photo - Williams Lake Tribune)
Farmers’ market season underway in Williams Lake

The Friday market goes from 9 a.m. to 2 p.m.

Lake City Secondary School Grade 7 Outdoor Education students Geordi Wonnacott (from left), Brody Brook, James Wilker, Ali Calabrese and Kaitlyn Brown explore a burned area at the top end of the trails at Bull Mountain Ski Area last year as part of the Williams Lake Cross Country Ski Club’s ski school program. (Martin Kruus photo)
Ski school glides to successful year at Bull Mountain

Avah Akeson, also in grade seven, said that just having the opportunity to ski was really fun

Staff-Sgt. Svend Nielsen, with the 100 Mile House RCMP. (Melissa Smalley - 100 Mile Free Press)
14-year-old boy killed in serious ATV crash near 100 Mile House

Youth was travelling with a group of peers when the incident occurred Friday

100 Mile RCMP dealing with serious accident at Highway 97 near 103 Mile (file photo)
Man, in distress, arrested after altercation with RCMP members in Lone Butte

The man is currently at the hospital with no pending charges

Scout Island Nature Centre. (Angie Mindus photo - Williams Lake Tribune)
LETTER: Scout Island causeway important riparian habitat

We appreciate this opportunity to clarify how Scout Island Nature Centre lands is managed

Daily confirmed COVID-19 cases reported to B.C. public health, seven-day rolling average in white, to May 12, 2021. (B.C. Centre for Disease Control)
B.C. preparing ‘Restart 2.0’ from COVID-19 as June approaches

Daily infections fall below 500 Friday, down to 387 in hospital

Cannabis bought in British Columbia (Ashley Wadhwani/Black Press Media)
Is it time to start thinking about greener ways to package cannabis?

Packaging suppliers are still figuring eco-friendly and affordable packaging options that fit the mandates of Cannabis Regulations

Former UFV Cascades wrestling coach Arjan Singh Bhullar is now the ONE heavyweight champion after defeating Brandon Vera via TKO in round two on Saturday in Singapore. (ONE Championship)
Former UFV wrestling coach wins MMA championship

Arjan Singh Bhullar captures ONE heavyweight title, first Indian origin fighter to achieve honour

Astra Zeneca vaccine waits for injection in a Feb. 3, 2021 file photo. A Langley man has become the second B.C. resident to suffer a blood clot following an injection. (AP Photo/Frank Augstein)
B.C. man required emergency surgery after AstraZeneca vaccination

Shaun Mulldoon suffered ‘massive blood clot’ after jab

Chilliwack’s Kile Brown, performing as drag queen Hailey Adler, dances and lip syncs in front of hundreds of people during the inaugural Chilliwack Pride Barbecue at the Neighbourhood Learning Centre on Aug. 24, 2019. Monday, May 17 is International Day Against Homophobia, Transphobia and Biphobia. (Jenna Hauck/ Chilliwack Progress file)
Unofficial holidays: Here’s what people are celebrating for the week of May 16 to 22

International Day Against Homophobia, Talk Like Yoda Day, Sea Monkey Day all coming up this week

Bradley Priestap in an undated photo provided to the media some time in 2012 by the London Police Service.
Serial sex-offender acquitted of duct tape possession in B.C. provincial court

Ontario sex offender on long-term supervision order was found with one of many ‘rape kit’ items

Rich Coleman, who was responsible for the gaming file off and on from 2001 to 2013, was recalled after his initial testimony to the Cullen Commission last month. (Screenshot)
Coleman questioned over $460K transaction at River Rock during B.C. casinos inquiry

The longtime former Langley MLA was asked about 2011 interview on BC Almanac program

Steven Shearer, <em>Untitled. </em>(Dennis Ha/Courtesy of Steven Shearer)
Vancouver photographer’s billboards taken down after complaints about being ‘disturbing’

‘Context is everything’ when it comes to understanding these images, says visual art professor Catherine Heard

Most Read