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Home»Analysis»🚨 China’s Underground Banks Linked to $300B Fentanyl Scam Via Canada, Report Finds
Analysis

🚨 China’s Underground Banks Linked to $300B Fentanyl Scam Via Canada, Report Finds

By ITM TRADING, INC.June 12, 202643 Comments1 Min Read
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“I called ‘the Vancouver model’ in the United States, laundering over 300 billion for Mexican fentanyl cartels in four years,” says investigative journalist Sam Cooper, author of Willful Blindness. In today’s interview with Daniela Cambone, he cites a U.S. Treasury report confirming the connection between the Chinese underground banking systems and the money laundering, revealing how this “deliberate policy” of weak laws has turned Canada into a net exporter of fentanyl and a critical security threat to the U.S.

“Canada is a Western hemisphere capital for Chinese Communist Party networks using Canada as a money laundering hub,” he argues.

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$300 billion fentanyl laundering 300B Banks Canada Canada money laundering hub Canadian financial scandal CCP networks in Canada Chinas Chinese triads Chinese underground banking cross-border corruption Daniela Cambone drug money and real estate Fentanyl fentanyl crisis financial crime investigation financial system risk Finds global money laundering network Linked organized crime financing Report sam cooper SCAM U.S. national security threat underground US Treasury report Vancouver model Willful Blindness author
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    43 Comments

    1. @petra77100 on June 12, 2026 10:03 pm

      Watch The Cost Of Net Néron with Winston Marshall ( Host ) with Kathryn Porter. EXCELLENT !!!! ITS WHAT CARNEY IS ALL ABOUT. ITS ALL A SCAM! A way to bleed the country dry ,ruining our economy!

      Reply
    2. @meagain2222 on June 12, 2026 10:03 pm

      The biggest reason there is no jobs for the young people is Canada allowed 255,000
      immigrants per year to come in. To supply housing for them you need to build a whole new city the size of Vancouver . The population of Vancouver is 500,000 so you need a new
      Vancouver every two years and that is just impossible.And many of those immigrants have
      money and they see a house for 1.5 million and they say well I need it and they buy.
      Young people cannot ever be able to pay off a 1.5 milion in their life span. Yikes.

      Reply
    3. @pierrelefebvre832 on June 12, 2026 10:03 pm

      The politician are too involved to change the laws

      Reply
    4. @spidertagger1320 on June 12, 2026 10:03 pm

      "The great Carbon Scam"

      Reply
    5. @christinathompson112 on June 12, 2026 10:03 pm

      As soon as treadeux sold Canada to China, China's opium war revenge started in earnest, to quote a famous Canadian…we are not amused

      Reply
    6. @timyeo9736 on June 12, 2026 10:03 pm

      What's real unemployment number minus 3 million imagrants and ei money they get though development canada .🎉

      Reply
    7. @gracielagomez3685 on June 12, 2026 10:03 pm

      We have a Canadian drug problem, an immigration problem, a border problem, a housing problem, an uncountable government problem etc. etc. It all counts a failing country, but half of the population doesn’t seem to care.

      Reply
    8. @philipreed6893 on June 12, 2026 10:03 pm

      Weak Laws , that is terrible news ! For trying to stop the drug labs and Fentanyl trafficking. Thank you.

      Reply
    9. @philipreed6893 on June 12, 2026 10:03 pm

      Yes, the Fentanyl goes from Vancouver to New Zealand, great reporting! Keep going. Thank you.

      Reply
    10. @charlenelohnes4698 on June 12, 2026 10:03 pm

      Thank you Both.

      Reply
    11. @charlenelohnes4698 on June 12, 2026 10:03 pm

      I'm sorry but I have no respect trust for carney. He is a f-ing useless liar and does not know how to be a politician. To me get people like carney out I do not like or trust, when someone is spending like a prostitute makes me wonder how much they love to brag about,
      The things they think are so smart. But they have no one to blame when they are corrupt and distroy a country. I am really mad right now at the shit carney and liberals have done to us all. Prove to them they are not above the law. ABSOLUTELY NO ONE IS ABOVE THE LAW SO SCREW OFF.

      they think they are so

      Reply
    12. @PatAmsden-me6kv on June 12, 2026 10:03 pm

      We do have diamonds in Nunavut – pricey but high quality and clearly documented with clean environmental laws, labour laws

      Reply
    13. @darylparsons on June 12, 2026 10:03 pm

      Faker news. Cons need an adult. And anyone pandering to the sexual predator pedo who steals from sick kids through a fake charity, makes fun at people with disabilities/in a wheelchairi because the leader of the real woke snowflakes throws a temper tantrum everytime he gets slapped with a fact! That makes his mindless sheep pedophile lovers who also would steal from vulnerable people. One word. Cowards
      You people still have Trudeau derangement syndrome!
      And no I am not a liberal sheep or a con sheep. I get ZERO handouts, bailouts, subsidies tax breaks, and I dont have a victim card to play, nor do I have someone else's victim card to play. I Get zero liberal socialist freebies, zero capitalist freebies.

      Reply
    14. @12bebop25 on June 12, 2026 10:03 pm

      I am so disheartened by the comments about Canada's most impressive PM Mark Carney. What naive people on this channel who are spewing complete garbage with not even a whisper of substantiation.

      Reply
    15. @LouisRoy-co6vq on June 12, 2026 10:03 pm

      this WEF agenda is gonna kill us all wake up

      Reply
    16. @LouisRoy-co6vq on June 12, 2026 10:03 pm

      Trump is gonna treat the northern border just like the southern border we are gonna be screwed because of Carney

      Reply
    17. @BackUp-z4t on June 12, 2026 10:03 pm

      What is being done about the market for these drugs. If there was no market ,there would be no sellers.

      Reply
    18. @hsblkbrd on June 12, 2026 10:03 pm

      Canada = The world Meth Hub
      Elbows up, pants down Liberals!!!

      Reply
    19. @cliffordpont1296 on June 12, 2026 10:03 pm

      Since I do listen to your videos. Michelle. Could you please. Ask Pierre Poilievre. If Canadians go to jail for Freedom of speech. Would he exonerate Canadians and expunge the so-called criminal charges. It would be a huge boost for Pierre and yourself. We need to put Pierre and power immediately. Call for non-confidence vote for all Canadians. I'm a boomer and I know better. I voted conservative the party I joined.

      Reply
    20. @Asylum-North on June 12, 2026 10:03 pm

      If someone has a "Vested Interest" in not understanding you….. Guess what?? No… Trump Knows who the light weights are.. and he knows way more than he says.. Trudeau had no hand in anything he did.. He was a paid puppet.. And Carney , just another agent…

      Reply
    21. @jeffhillstead3302 on June 12, 2026 10:03 pm

      I think Trump doesn't really like Carney.. 🤔
      He's the Mr. Burns of Canada 🇨🇦..
      Only far richer..

      Reply
    22. @kayeninetwo3585 on June 12, 2026 10:03 pm

      Best wishes to those in Canada. I don't possess the knowledge to have an opinion about their problems, but the whole world is filled with leaders who put global over national. That's BAD.

      Reply
    23. @wtsnapforpcoriginal on June 12, 2026 10:03 pm

      Liberals hate Canadians

      Reply
    24. @k.stannard9940 on June 12, 2026 10:03 pm

      What???? Trump was what AGAIN? Right? The lieberals were what? Wrong again?

      Back in the 1970s Canada had a mandatory minimum of 7 years in prison for importing illegal narcotics.

      Did Carney get rid of the carbon tax, or did he hide it from consumers and push it to the manufacturers?

      Reply
    25. @LarpoMarx on June 12, 2026 10:03 pm

      Smash China now. These are communist scumbags, hell bent to destroy the West. It's not corny. It's real. The president idolized psycho pink ghoul Mao growing up, Manchester Court in himself communist dirtbag leader for life.

      Welcome Canadian provinces. Expropriate Israel. Buy Greenland. Take back Panama for reneging on the deal. And we're good to go… Keep an eye in Mexico for a 51 state.

      Reply
    26. @oilsands69 on June 12, 2026 10:03 pm

      Canada in Top 5 most corrupt country in the world!!

      Reply
    27. @robertbaker3174 on June 12, 2026 10:03 pm

      Justin was all about China. 😮

      Reply
    28. @MrTrav03 on June 12, 2026 10:03 pm

      Our institutions and politicians have taxed and over regulated everything in Canada…we are run by commies and Marxists…i know its not popular, There is no trade war…liberalism is the problem

      Reply
    29. @Anthony-l2j on June 12, 2026 10:03 pm

      Boycott Walmart

      Reply
    30. @Anthony-l2j on June 12, 2026 10:03 pm

      Boycott china and buy American

      Reply
    31. @Anthony-l2j on June 12, 2026 10:03 pm

      Mexico and China are the enamys of America and the world

      Reply
    32. @janicetackett5130 on June 12, 2026 10:03 pm

      Don't trade with China Canada or Mexico or Venezuela they send death drugs to our Country do not trade with them

      Reply
    33. @susanlauzon6252 on June 12, 2026 10:03 pm

      Bubbling until it puffs! In Alberta, Canada, it won't fall apart. Alberta might be going through a challenging or unusual time, but it will bounce back. Political struggles for change can cause roughness, but eventually, the tides will pass and the senses will normalize. 🔥💪🌈💡 Political rouge, instability and political struggle!😊

      Reply
    34. @cptkirkp on June 12, 2026 10:03 pm

      The RCMP released an official statement: "OOoooooo look at the pretty duck!!!"

      Reply
    35. @SorrowsOfSin on June 12, 2026 10:03 pm

      Carneys Chinese fentanyl trade

      Reply
    36. @johnmorrison523 on June 12, 2026 10:03 pm

      51st State is only way forward for Canadians. USA

      Reply
    37. @shirleyallen1418 on June 12, 2026 10:03 pm

      Regular people work 40 yrs, are lucky to have 35-50k in IRAs to supplement Soc Sec., the price of one low end pickup. Politicians kickbacks make them millions

      Reply
    38. @cindyscott1049 on June 12, 2026 10:03 pm

      Canadas priblem is a corrupt government Carey was advising Trudeau for the last 10 years . Freezing banks was Carneys Doing .The Emergencies act use was Carney telling Trudeau do do this !

      Reply
    39. @livelifetothefullest4386 on June 12, 2026 10:03 pm

      Be USA enemy is deadly but being USA friend is fatal

      Reply
    40. @rudolphscharfl612 on June 12, 2026 10:03 pm

      Carney is nota copy of Trudeau,he is much worse

      Reply
    41. @shellysawchuk1190 on June 12, 2026 10:03 pm

      CARNEY was in Richmond to meet with the China representatives in November……

      Reply
    42. @shellysawchuk1190 on June 12, 2026 10:03 pm

      VANCOUVER has been laundering money for China at the casinos and land for 30 years

      Reply
    43. @duongduong4106 on June 12, 2026 10:03 pm

      You right bc is staion for china

      Reply
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