Meng, Huawei and Canadian Law: Soap, Rinse and Dry-Laundered

Prologue One of the graver risks for big-time criminals is that investigators will be able to identify them and their deeds by ‘following the money’. The criminals have to hide the proceeds of their crimes. This is done by depositing their monies into legitimate finance houses and businesses. It often requires some fancy book-keeping tricks and intricate transactions. This is called layering by the afficionados of this dark art. Once it is done, the criminals can draw on the accounts created and mix the ill-gotten gains with legally garnered capital. The term for this is ‘integration’ and it makes the investigators’ tasks much harder. The rotten fruit of crime will have been laundered. In...