- Potential money laundering through casinos in Toronto and Niagara prompted 5-year investigation.
The Hamilton-Niagara RCMP have charged five people after busting what it calls a “sophisticated drug trafficking and money laundering scheme.”
Police say the five-year investigation seized over $24 million worth of cannabis and over $1 million in cash.
The RCMP said it started investigating in 2017 while looking into potential money laundering through casinos in Toronto and Niagara.
It led to the discovery of six large-scale grow operations that had laundered $3 million from the sale of 8,000 pounds of cannabis, according to the RCMP.
Police say they executed search warrants on five residences and six large scale marijuana grow operations.
RCMP say they found 29,975 cannabis plants and 7,926 pounds of dried cannabis.
The service said it also restrained a farm and three residences in the Greater Toronto Area.
Each of the five accused face numerous charges related to laundering, drug dealing and growing.