5 charged in national money laundering, theft scheme involving fake investment website | Globalnews.ca

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5 charged in national money laundering, theft scheme involving fake investment website | Globalnews.ca
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5 charged in national money laundering, theft scheme involving fake investment website

RCMP have charged five people in a money laundering and theft scheme that involved a fake website that purported to be a legitimate investment firm.

The RCMP’s federal Integrated Market Enforcement Team was made aware of the activity from a December 2021 referral from the Alberta Securities Commission.IMET was assisted by the Financial Transactions and Reports Analysis Centre of Canada , the Canadian Anti-Fraud Centre and Durham regional police in the investigation.Quang Sac Hoang, 52, a resident of CalgaryAmjed Barlas, 53, a resident of Mississauga, Ont.

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