Calgary businessman Talal Fouani has pleaded guilty to money laundering charges related to a significant drug bust involving law enforcement agencies from Canada, and the U.S. Fouani was charged along with more than a dozen other individuals, with law enforcement seizing $55 million in drugs and C$7 million in assets. Fouani was ambushed outside his home in an attack that killed his wife. Along with the money laundering charge, he is also accused of partaking in a criminal organization and possessing stolen property. His defence counsel, Yoav Niv, entered the guilty plea on his behalf before provincial court Judge Greg Stirling. A publication ban has been requested for Fouani’s sentencing hearing.
Read the full article to learn more about the money laundering charge brought against Calgary businessman Talal Fouani and his involvement in a major drug bust.