Saturday, October 11, 2025

US Treasury Backs Bombshell: Canada’s $300B Money Laundering Hub Exposed - Sam Cooper

 

Investigative journalist Sam Cooper, author of Willful Blindness, calls Canada the “Western hemisphere capital” for Chinese Communist Party networks laundering money for Mexican fentanyl cartels. In an interview with Daniela Cambone, Cooper cites a U.S. Treasury report linking Chinese underground banking to over $300 billion laundered in four years via what he dubs the “Vancouver model.”

Weak Canadian laws, he argues, have turned the country into a net fentanyl exporter and a major U.S. security threat. This deliberate regulatory laxity allows foreign-backed criminal networks to thrive, fueling cartels, corrupting financial systems, and putting North American communities at grave risk.

https://www.zerohedge.com/news/2025-10-10/us-treasury-backs-bombshell-canadas-300b-money-laundering-hub-exposed-sam-cooper

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