News release: Significant ATM scam at AB casino results in money laundering and fraud charges 

FINTRAC’s financial intelligence was recognized by the Royal Canadian Mounted Police Federal Policing Northwest Region where four individuals have been charged in relation to a coordinated ATM fraud in western Canadian casinos. Investigators allege that the accused withdrew large sums of cash as part of a coordinated scheme intended to evade detection and exploit financial institutions. The fraud resulted in a net financial loss of over $1 million. 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