FINTRAC’s financial intelligence was recognized by the Waterloo Regional Police Service in a large-scale investment fraud investigation where one individual has been charged with money laundering. Investigators identified 23 victims from across Ontario who sustained over $1.4 million in losses. With the financial transaction reports received from Canadian businesses across the country, FINTRAC is providing valuable assistance to law enforcement and national security investigations.FINTRAC’s financial intelligence was recognized by the Waterloo Regional Police Service in a large-scale investment fraud investigation where one individual has been charged with money laundering. Investigators identified 23 victims from across Ontario who sustained over $1.4 million in losses. With the financial transaction reports received from Canadian businesses across the country, FINTRAC is providing valuable assistance to law enforcement and national security investigations. Read More