US Treasury Sanctions Canadian Firms Connected to Ryan Wedding
The United States Treasury Department has slapped sanctions on eight Canadian businesses for allegedly helping to evade sanctions on Iran’s government. The department says it sanctioned money services businesses in British Columbia and Ontario in coordination with the Financial Transactions and Reports Analysis Centre, Canada’s anti-money laundering watchdog. The U.S. Treasury says several of the […]
TL;DR
- The U.S. Treasury Department sanctioned eight Canadian businesses.
- These businesses are accused of helping to evade sanctions on Iran's government.
- The sanctions were coordinated with Canada's Financial Transactions and Reports Analysis Centre.
- Several sanctioned entities allegedly worked with Ryan Wedding, an alleged drug kingpin and former Olympic snowboarder.
- Companies in British Columbia and Ontario were named, including Million Exchange, NIA Nations Currency, Farah Exchange, and Darvish Exchange.