Co-owners of Regina vehicle dealership charged with money laundering
Police say they found evidence of money laundering and fraud totalling millions of dollars
An investigation into money laundering in Regina, which began after a drug bust that saw two members of the University of Regina Rams football team arrested and charged, has led to charges against the co-owners of a local vehicle dealership, police say.
Aggrey Kwesi Buaben Fynn, 42, and Stephanie Dawn Fynn, 38, both of Regina, were arrested on Thursday and are jointly charged with fraud over $5,000 and laundering proceeds of crime.
In February, a drug trafficking investigation led to police searches in Regina, Alameda, and Frobisher, Sask., and resulted in the seizure of 7.5 kilograms of fentanyl and over $150,000 in cash. Guns, ammunition, vehicles, and other drugs were also seized.
Five people were arrested, including Rams football players Tarick Polius and Michael Jourdan, both of Toronto. The players were charged with commission of an offence for a criminal organization and trafficking in a controlled substance (fentanyl), among other charges.
The University of Regina confirmed Polius and Jourdan were student athletes enrolled at the university before they were suspended.
During the four-month investigation that led to those arrests, Regina police say they uncovered information suggesting that a local man was involved in laundering money for a drug trafficking operation.
Police searches were carried out at the man's home and "businesses involved in vehicle sales and rentals," which police say are co-owned by a woman.
Police declined to name the businesses. They allege the searches uncovered evidence of additional, unrelated money laundering and fraud totalling millions of dollars.
The accused made their first court appearances on the charges in Regina Friday morning.