FINTRAC News & Alerts

FINTRAC Publishes Extortion Money Laundering Indicators for South Asian Diaspora

FINTRAC published a new Special Bulletin on money laundering associated with extortion directed at Canada's South Asian diaspora to assist reporting businesses in detecting and reporting suspicious transactions. Since the beginning of 2026, FINTRAC has generated more than 100 financial intelligence disclosures related to extortion for law enforcement agencies, identifying over 300 subjects and including more than 63,000 financial transactions. The bulletin is part of the Government of Canada's broader Countering Extortion Partnership strategy.