Individuals Charged with Fraud and Money Laundering in Investment Scheme
action_requiredCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the Ontario Securities Commission in an investigation into an investment scheme. Two individuals have each been charged with fraud over $5,000 and laundering the proceeds of crime under the Criminal Code. 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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