FINTRAC Drops Prosecutions

A federal money-laundering watchdog dropped more than a dozen prosecutions after being cited for misconduct in Federal Court, say Access To Information documents. Judges criticized the Financial Transactions & Reports Analysis Centre for arbitrary fines on small business over minor breaches of the law: “For all we know, the percentages might have been plucked out of the air.”

This content is for Blacklock’s Reporter members only. Please login to view this content. (Register here.)

Back to Top