Retail

Dirty cash probe finds booming Vancouver-China luxury car trade

A saleswoman shows customers an Aston Martin at a luxury car dealership in Vancouver in October 2015. The luxury market has been used to launder money, police and government officials say. (Reuters)
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By:
Natalie Obiko Pearson
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By:
Bloomberg
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May 08, 2019 11:37 AM

Grocery bags full of cash hauled into car dealerships. Gangsters paying for auto leases with proceeds of crime. A thriving grey market in which Chinese buyers pay people to purchase cars in Vancouver and claim millions of dollars in sales tax refunds.

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