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B.C. Securities Commission identifies more than 100 money mules in investment fraud cases

… According to Canada’s anti-money-laundering watchdog, FinTRAC, organized-crime groups based in India have been recruiting people living in Canada – often vulnerable young men from India on study permits – to launder the proceeds of extortion targeting Canada’s South Asian diaspora. The BCSC only has jurisdiction when the dirty money is linked to an investment fraud, according to Mr. Wu.

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