PIGEON RIVER, Ont. — The Canada Border Services Agency recently seized over $179,000 (CDN) in undeclared currency at the Pigeon River port of entry.
The CBSA says it confiscated the cash from two American residents seeking entry to Canada on Jan. 7, 2020.
It considers the money to be the suspected proceeds of crime.
The $135,000 in U.S. currency was discovered in their vehicle after the travellers were pulled aside for a more in-depth inspection by CBSA officers.
The agency says this is the largest money seizure at Pigeon River on record, within the past seven years.
"This seizure is another great example of the outstanding work done by our border service officers in the fight to stop money laundering and protect the Canadian economy," said Tuula Schuler, CBSA Director of Operations, Northwestern District.
The investigation into the incident is ongoing.
Under the Proceeds of Crime and Terrorist Financing Act, sums of $10,000 CDN or more must be reported when entering or leaving Canada.
