Updated Indicators: Laundering Proceeds of Crime through Underground Banking Schemes
policyCanada·Financial Transactions and Reports Analysis Centre of Canada (FINTRAC)·Wire Summary
FINTRAC’s financial intelligence was recognized by the London Police Service in relation to Project Safe, an investigation into illegal firearms trafficking. A total of 70 individuals were charged with a combined 550 charges in relation to the investigations. As a result of the investigation, the police seized over $8.5 million dollars worth of drugs, including fentanyl, crack cocaine, cocaine, psilocybin, MDMA, methamphetamine, hydromorphone and oxycontin, and a total of 26 guns, including 22 h
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