FINTRAC’s financial intelligence was recognized in an investigation by the Joint Serious Offences Team, comprised of the Alberta Securities Commission and the Alberta RCMP Federal Policing Integrated Market Enforcement Team. As a result of the investigation, one individual has been criminally charged with four counts of fraud over $5,000 and one count of laundering the proceeds of crime. 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 in an investigation by the Joint Serious Offences Team, comprised of the Alberta Securities Commission and the Alberta RCMP Federal Policing Integrated Market Enforcement Team. As a result of the investigation, one individual has been criminally charged with four counts of fraud over $5,000 and one count of laundering the proceeds of crime. 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