News release: OSC charges Ryan Rumble, Michael Dziedzic, and Justin Foss with fraud 

FINTRAC’s financial intelligence was recognized by the Ontario Securities Commission in an investigation where three individuals have been charged with fraud. The accused allegedly raised more than $11 million from investors between November 2020 and August 2023 which were used to repay existing investors and diverted to the benefit of one of the accused. With the financial transaction reports received from Canadian businesses across the country, FINTRAC is providing valuable assistance to law enforcement and national security investigations. Read More