Comments on: Billions In Toronto Real Estate Bought Anonymously, With Funds of Unknown Origin https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/ Canada’s Fastest Growing Real Estate News Source Sat, 23 Mar 2019 02:10:02 +0000 hourly 1 By: Lahdeedah https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44355 Sat, 23 Mar 2019 02:10:02 +0000 https://betterdwelling.com/?p=10964#comment-44355 In reply to kwo.

@Kwo – wow. Not that surprised though. Complicit is the correct word.

]]> By: Estevam https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44352 Fri, 22 Mar 2019 23:38:13 +0000 https://betterdwelling.com/?p=10964#comment-44352 If you have illegal money don’t know where to dump ?
Try to find a real state agente in Canada, he will find the best options for you.

]]> By: CleanYourMoney https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44336 Fri, 22 Mar 2019 16:10:17 +0000 https://betterdwelling.com/?p=10964#comment-44336 Snow washing has been good for business. Gots to turn the black to white some how.

]]> By: Dan https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44329 Fri, 22 Mar 2019 13:37:21 +0000 https://betterdwelling.com/?p=10964#comment-44329 In reply to Skylar.

No reds in Ontario, thank you very much.

]]> By: Zenity https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44327 Fri, 22 Mar 2019 12:37:43 +0000 https://betterdwelling.com/?p=10964#comment-44327 It’s simple, no corporations should be allowed to own residential real estate except with special license

]]> By: Dan Duran https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44324 Fri, 22 Mar 2019 11:56:46 +0000 https://betterdwelling.com/?p=10964#comment-44324 In reply to Grim Reaper.

You guys are hanging on any sliver of hope that you may get something for mothing.. all this means nothing, actually that money, which hasn’t been proven to be ‘dirty’ at all, is financing construction of condos that are rented out. It’s GOOD for supply. The government is just using your proletarian anger to achieve something else.. a majority in october for starter.. throwing you a bone.

]]> By: kwo https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44305 Thu, 21 Mar 2019 19:26:38 +0000 https://betterdwelling.com/?p=10964#comment-44305 In reply to Grim Reaper.

Did you know that in China there is a term “moving to Canada” that’s a euphemism for laundering money? We didn’t get that type of reputation for nothing.

]]> By: Sam https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44303 Thu, 21 Mar 2019 18:16:28 +0000 https://betterdwelling.com/?p=10964#comment-44303 OK, I’m no expert in money laundering (wouldn’t admit it if I was lol), but as far as I know the hardest part is injecting the cash into the financial system (bank). Now, when we say 9.8B in cash, does that mean actual cash (bag of money) or does it mean no loan? If it’s the latter then the money is already laundered… correct? Can someone explain pls 😀

]]> By: george https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44301 Thu, 21 Mar 2019 17:37:35 +0000 https://betterdwelling.com/?p=10964#comment-44301 “Canada notes these lenders have no obligations under Canada’s current anti-money laundering regimes. This means they don’t just get to ignore beneficial ownership – they also get to ignore source of funds.”

WOW!!!! Now it all makes sense why we are where we are with the RE….by ignoring it, money laundering is totally allowed in Canada.

]]> By: SUMSKILLZ https://betterdwelling.com/billions-in-toronto-real-estate-bought-anonymously-with-funds-of-unknown-origin/#comment-44299 Thu, 21 Mar 2019 16:51:05 +0000 https://betterdwelling.com/?p=10964#comment-44299 In reply to Grim Reaper.

We don’t want to follow Iceland’s path…

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