FINTRAC’s financial intelligence was recognized by the Ontario Royal Canadian Mounted Police’s Cybercrime Investigative Team in relation to a fraud investigation. As a result of the investigation, two Toronto residents are facing criminal charges, including fraud and laundering the proceeds of crime. The individuals allegedly defrauded at least 570 victims out of millions of dollars in Canada. 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 Ontario Royal Canadian Mounted Police’s Cybercrime Investigative Team in relation to a fraud investigation. As a result of the investigation, two Toronto residents are facing criminal charges, including fraud and laundering the proceeds of crime. The individuals allegedly defrauded at least 570 victims out of millions of dollars in Canada. 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