Some BC casino staff chose not to get suspicious transaction rules

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The British Columbia Lottery Commission suspected that some staff at the province’s largest casino were choosing to “not get” Canada’s suspicious transaction regulations, the British Columbia public inquiry into money laundering.On Thursday, the Cullen Commission heard testimony from former BCLC Anti-Money Laundering and Investigations Director John Karlovcec about attempts to resolve issues at the River Rock Casino over the filing of suspicious transaction reports.

These issues were outlined in a series of messages read to the committee on Thursday.

In a September 2011 email, former BCLC investigator Ross Alderson informed Karlovcec and others that River Rock did not file reports for transactions under $ 50,000, noting a number of instances where players were buying just below that threshold.

“It’s too much of a coincidence and the players must have been informed,” Alderson wrote in the email.

The province’s Gaming Policy and Enforcement Branch also raised concerns in February 2012 emails about River Rock not submitting reports for transactions involving $ 100 bills, noting that the casino did not consider these invoices to be suspicious.

In an email addressing these concerns, Karlovcec wrote that some people at the casino didn’t seem to understand the rules, and ‚ÄúSome, I’ll suggest, choose not to get it. “

The Cullen Commission has learned that in 2011, River Rock Casino did not report suspicious transactions under $ 50,000. (River Rock Casino)

Asked Thursday to clarify if he thought the surveillance was deliberate, Karlovcec said, “I think there were challenges with a few of their employees,” adding that he believed these people were working in surveillance.

“Some people have been working in the gaming industry for so long that they didn’t know it was a federal law and there was a need to report on the rules,” Karlovcec said.

He said none of these issues were the result of training or advice provided by the BCLC, and he believes the issues were resolved after raising them with Great Canadian Gaming Corp., which operates the River Rock. .

The Cullen Commission of Inquiry into British Columbia Money Laundering was launched by the government after reporting that illegal money was helping fuel the real estate, luxury car and gambling industries in Province.

The BCLC said it routinely reports suspicious transactions to Fintrac, Canada’s financial transaction reporting center, and has reported unusual conduct to the province.

The lottery company has also put in place measures to control or prevent the flow of dirty money since 2012, including establishing an anti-money laundering unit made up of certified investigators and intelligence analysts.

Great Canadian Gaming, which owns several gaming sites outside of River Rock, also defended the company’s efforts to curb money laundering, telling the investigation the industry’s criticisms were unfounded.

Karlovcec’s testimony continues on Friday.

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