Federal Financial Crime Team Charges B.C. Resident in $47 Million Interprovincial Money Laundering Scheme
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the Royal Canadian Mounted Police in an investigation. As a result of the investigation, one individual was arrested and charged with laundering the proceeds of crime. The individual is one of a total of seven individuals who have been charged after allegedly laundering approximately $47 million as part of a criminal organization. Officers determined that the money laundering network was comprised of Alberta and British Columbia companies operat
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