News release: Update: Project Cerberus dismantles transnational organized crime group 

FINTRAC’s financial intelligence was recognized by the Alberta Law Enforcement Response Teams (ALERT) in relation to Project Cerberus, a major cross-border drug trafficking investigation. The operation led to charges against five individuals for organized crime, conspiracy, money laundering, and drug-related offences. ALERT also seized 157 kilograms of cocaine, nearly $1 million in cash, 15 firearms, and 7 vehicles equipped for drug smuggling. 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