A successful multi-layered operation conducted by York Regional Police over the past week aimed for the top and punched mobsters right in their assets. Fifteen people have been arrested, one of whom is an alleged Mafia boss. The investigation reportedly stretched to Italy [node:read-more:link]
British computer pioneer and codebreaker Alan Turing, whose work proved vital to the Allies in World War Two,will be featured on the new design of the Bank of England's £50 banknote. This will be the last of the Bank of England currency to be switched from paper when it enters circulation by the end of 2021. [node:read-more:link]
The RCMP and other police forces arrested 15 people Monday in a series of raids in Montreal and Toronto targeting what investigators say is an extensive international money laundering network with ties to organized crime. [node:read-more:link]
Canada will focus much of its new anti-money laundering resources in British Columbia, where lax regulation and policing have led to the region becoming a global hub for the crime. [node:read-more:link]
The NSICP annual report, which had been delivered to the PM in December 2018, has now been released to the public. It covers topics of intelligence priorities, defence intelligence activities, legal authorities, plus oversight and accountability. Numerous federal departments and agencies were involved: CBSA; CSIS; CSE; Justice; DND and the Canadian Armed Forces; FINTRAC; GAC; IRCC; Integrated Terrorism Assessment Centre; PCO; Public Safety; RCMP; and Transport Canada. [node:read-more:link]
Canadian cities rate highly among the most desirable in the world, but also the most unaffordable. The culprit has been money laundering – by criminals, kleptocrats and tax evaders, says Diane Francis. Their favourite means of hiding money is real estate. [node:read-more:link]
The federal Minister of Border Security and Organized Crime Reduction says money laundering is a serious problem throughout Canada and has pledged to improve how information is shared among law enforcement agencies across the country. [node:read-more:link]
Canada has no idea how much dirty money local gangsters, violent drug cartels and sophisticated transnational gambling networks are washing within its borders every year, according to a confidential draft research paper from the country’s money-laundering watchdog. [node:read-more:link]
The federal government has announced $10-million in new RCMP funding to give Mounties better technology to improve their money-laundering investigations, but B.C. says it needs more actual boots on the ground from the federal agency to crack down on this sophisticated crime. [node:read-more:link]
Open trade and global markets have changed the way businesses operate, and Canada's challenges have leaked across our borders and are causing problems to governments and communities abroad. With the intensification of cross-border movement, an international commitment is needed to disrupt and deter the transfer of illegal goods. [node:read-more:link]
We have not, and will not be able to eradicate terrorism, but we can manage and mitigate the sub-types of terrorism with active advancement to analyzed definitions and responsible terminology. [node:read-more:link]
Can Canadian oil succeed globally? Canadians need answers from both Government and Industry. [node:read-more:link]
The fusion of technologies between the physical, digital and biological spheres affects every aspect of modern life and is being exploited by Organized Crime – and creates a need for expanded money laundering technologies and techniques. [node:read-more:link]
