FINTRAC Operational Alert: Laundering Proceeds of Tax Evasion in Real Estate
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
This Operational Alert supports businesses subject to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act in recognizing financial transactions in the real estate sector suspected of being related to laundering the proceeds of tax evasion.
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