Canadian real estate, an “ultra violent cult,” money laundering, and Toronto’s stolen cars. Sounds like a spy thriller, but that’s reality in Canada, according to FINTRAC. In 2017, the financial intelligence agency assessed the money laundering threat of an organized crime group called Black Axe. The group infiltrated the government, conducts mass fraud, and runs a Toronto-based car theft ring. FINTRAC found nearly 1 in 5 suspicious transaction reports linked to Black Axe, involved real estate.
More… The ultra-violent cult that became a global mafia
