David Del Bianco Sentenced to 4.5 Years for Fraud and Money Laundering
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the Alberta Securities Commission in a fraud investigation where one individual has been convicted of fraud-related offences, including money laundering, and sentenced to more than four years in jail. The individual operated a legal services insurance company as an investment scheme, resulting in a loss of more than $520,000 for investors. With the financial transaction reports received from Canadian businesses across the country, FINTRAC is pro
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