An interesting insight into the finances of the Hells Angels, courtesy of La Presse: the gang worked with an unwitting government agency to launder some of the proceeds from its drug trafficking.
Back in 2007, the Hell's Angels took over a company that brought mixed martial arts events to Quebec.
The Regie des alcools, des courses et des jeux governs such sporting events and requires the prize money and some fees be deposited with it in advance.
The company would send the Regie bags stuffed with $20 bills, tens of thousands of dollars worth, well over what would be needed. After the event, the Regie would issue prize cheques to the fighters and a refund cheque to the Hell's-controlled promoter, thereby laundering the drug cash.
The company has since folded.
http://www.cjad.com/CJADLocalNews/entry.aspx?BlogEntryID=10555828
Back in 2007, the Hell's Angels took over a company that brought mixed martial arts events to Quebec.
The Regie des alcools, des courses et des jeux governs such sporting events and requires the prize money and some fees be deposited with it in advance.
The company would send the Regie bags stuffed with $20 bills, tens of thousands of dollars worth, well over what would be needed. After the event, the Regie would issue prize cheques to the fighters and a refund cheque to the Hell's-controlled promoter, thereby laundering the drug cash.
The company has since folded.
http://www.cjad.com/CJADLocalNews/entry.aspx?BlogEntryID=10555828