FINTRAC’s financial intelligence was recognized by the Royal Canadian Mounted Police in Ontario following an investigation into a series of cyberattacks targeting the Government of Canada’s Canada Emergency Wage Subsidy program. Fraudulent claims linked to this scheme totalled approximately $5.7 million. Two individuals have been charged with offences under the Criminal Code, including money laundering. 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 Royal Canadian Mounted Police in Ontario following an investigation into a series of cyberattacks targeting the Government of Canada’s Canada Emergency Wage Subsidy program. Fraudulent claims linked to this scheme totalled approximately $5.7 million. Two individuals have been charged with offences under the Criminal Code, including money laundering. 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