October 10, 2024 Niagara on the Lake, Ontario Canada Border Services Agency/Royal Canadian Mounted Police
In early October 2023, two travellers arrived at the Canada Border Services Agency (CBSA) Queenston Bridge port of entry in Niagara-on-the-Lake, Ontario. Both travellers declared that they did not have more than $10,000 cash with them. Upon secondary examination, CBSA officers found $227,453 USD concealed in the vehicle. It was determined at the time with the exchange rate to have a value of over $312,200 CDN.
The CBSA seized the currency under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA) and detained the occupants for suspicion of smuggling under the Customs Act. The Royal Canadian Mounted Police (RCMP) Niagara-on-the-Lake Border Integrity Unit then began a criminal investigation which identified the cash as belonging to the passenger of the car.
Chandrakant Patel (56) of Brampton was charged with:
- Fail to declare currency greater than $10,000.00 contrary to Section 12(1) of the PCMLTFA.
On September 9, 2024, Patel pled guilty to the charge.
The RCMP is committed to working with its partners to protect the residents and communities of Canada. Collaboration with the CBSA continues to provide positive results for Canada. The RCMP also acknowledges the hard work of the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) for the detection, prevention and deterrence of money laundering and the financing of terrorist activities.
