FINTRAC’s financial intelligence was recognized by the Royal Canadian Mounted Police Federal Policing Northwest Region’s Integrated Money Laundering Investigate Team in Alberta. Following a complex investigation, the police identified a Calgary-based criminal network centered around a multimillion-dollar contraband tobacco trafficking operation. Four individuals have been charged with various fraud, money laundering, and contraband-related offences. 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 Federal Policing Northwest Region’s Integrated Money Laundering Investigate Team in Alberta. Following a complex investigation, the police identified a Calgary-based criminal network centered around a multimillion-dollar contraband tobacco trafficking operation. Four individuals have been charged with various fraud, money laundering, and contraband-related offences. 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