The Canada Border Services Agency (CBSA) announced today the seizure of $84,439 in currency from a traveller at the Calgary International Airport on December 8.
While conducting routine outbound checks, CBSA officers spoke to one traveller who declared he was travelling with $2,000. Officers referred him for a more in-depth examination and found an additional $80,000 undeclared U.S. and Canadian bills in the passenger’s belongings.
The man was unable to demonstrate to officers that he had legitimately obtained the money. The currency was seized as suspected proceeds of crime with no terms of release.
The investigation is ongoing.
Quick Facts
- This is the largest seizure of suspected proceeds of crime by the CBSA in Alberta this year.
- So far this year, CBSA officers in Calgary have made 127 currency seizures valued at more than $1.8 million.
- Currency and other monetary instruments valued at $10,000 or more must be reported ‒ failure to report may result seizure action.
Quote
“This seizure underscores the CBSA’s commitment to ensuring that Canada’s borders are not used as a means to facilitate the flow of funds to be used for or from illegal activity by organizations who may pose a risk to Canada's national security.” – Nina Patel, District Director, Prairie Region, CBSA.
Associated Links
Cross-border currency reporting
Contact
Lisa White, Media Relations
Canada Border Services Agency
PrairieMedia@cbsa-asfc.gc.ca
403-292-4011
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Photo: $84,439 in suspected proceeds of crime seized by CBSA officers at the Calgary International Airport.
