14 Arrested in Canada for Emergency Grandparent Scam
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the Ontario Provincial Police in Project Sharp, an investigation of an emergency grandparent scam resulting in $2.2 million in reported losses Canada-wide. As a result of the investigation, 14 individuals were arrested and 56 charges were laid. With the financial transaction reports received from Canadian businesses across the country, FINTRAC is providing valuable assistance to law enforcement and national security investigations.
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