A vast “financial underworld” is operating in Canada whose members commit fraud and other financial crimes without punishment, corroding communities, undermining democratic institutions and even the country’s prosperity, the authors of a new book say.
That’s because elected leaders at all levels are enabling and emboldening financial criminals by failing to fight them or even try to hamper their lawbreaking efforts, according to the co-authors of Dirty Money: Financial Crime in Canada.
“Canada is a preferred destination to launder ill-gotten gains with impunity,” say Jamie Ferrill and Christian Leuprecht, the co-editors of Dirty Money. They also wrote some of its 16 chapters.
Leuprecht is a Queen’s University professor, security expert and author. Ferrill is a Canadian political sociologist who spent eight years with the Canada Border Services Agency before becoming a financial crime instructor at the Australian Graduate School of Policing and Security at Charles Sturt University in Canberra, Australia. The pair don’t mince words.
