Canadian Security Magazine

Three Canadians arrested in $5-billion money-laundering scheme

By Canadian Security   

News Retail

Toronto Police helped the FBI uncover a $5-billion fraud and money-laundering conspiracy in a case they say highlights the need for co-operation to track crime proceeds that cross borders more easily than ever.

FBI officers and United States Postal Inspection Service investigators watched Thursday in Toronto police headquarters as Detective Sergeant Ian Nichol traced the evolution of the case, which led to charges against three Toronto-area residents and six south of the border.

Read the full story on the Globe and Mail website here.

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