A Mississauga man is facing charges after a yearlong probe into loan sharking at casinos around the GTA, the OPP said Friday. The investigation began in spring last year and involved “extortion, money laundering and the illegal lending of money at a criminal rate,” police said in a news release.
The man, 43, was charged Tuesday, after officers completed a search warrant at a home in Mississauga, according to the release.
He is charged with of extortion, laundering proceeds of crime, possession of property obtained by crime over $5,000 and charging criminal interest rates.
The OPP says the investigation, labelled Project Evening, was conducted by the force’s Game Protection and Anti-Money Laundering Unit along with their IEB Casino Investigations Unit in Toronto.
