CBSA Serves $36.9M Penalty to Ontario Business Owner for Failing to Declare Exported Vehicles
press_releaseCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the Canada Border Services Agency in an investigation in which an Ontario business owner has been served a $36.9 million penalty for failing to declare over 2,300 used vehicles exported from Canada. 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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