FINTRAC’s financial intelligence was recognized by the Alberta Securities Commission in an investigation where an individual allegedly misrepresented their financial position and success as a foreign exchange trader to obtain money from investors. The funds were never returned to investors. As a result of this investigation, one individual has been charged with six offences under the Criminal Code, including fraud and uttering a forged document. 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 Alberta Securities Commission in an investigation where an individual allegedly misrepresented their financial position and success as a foreign exchange trader to obtain money from investors. The funds were never returned to investors. As a result of this investigation, one individual has been charged with six offences under the Criminal Code, including fraud and uttering a forged document. 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