FINTRAC’s financial intelligence was recognized by the Sûreté du Québec in a major drug trafficking investigation. Police officers seized more than 730 kg of lidocaine, approximately 200 grams of cannabis, more than $215,000 in Canadian cash, and luxury jewelry and watches valued at $200,000. In addition to the items seized, police officers froze eight properties as proceeds of crime and assets derived from criminal activity, valued at more than $6 million. 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 Sûreté du Québec in a major drug trafficking investigation. Police officers seized more than 730 kg of lidocaine, approximately 200 grams of cannabis, more than $215,000 in Canadian cash, and luxury jewelry and watches valued at $200,000. In addition to the items seized, police officers froze eight properties as proceeds of crime and assets derived from criminal activity, valued at more than $6 million. 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