Canada revenue agency AML enforcement with RCMP
Money laundering scheme: enforcement measures taken by the Canada Revenue Agency in a joint investigation with the Royal Canadian Mounted Police
The Canada Revenue Agency (CRA) announced that yesterday it executed search warrants in the greater Montréal and Toronto areas, proceeded with restraint orders of proceeds of crime and laid tax evasion charges as part of a joint criminal investigation with the Royal Canadian Mounted Police (RCMP) targeting a money laundering and tax evasion scheme.
Tax evasion charges under the Income Tax Act (ITA) were filed against Mohamad JABER of Laval (Quebec) and Nader GRAMIAN-NIK of Vaughan (Ontario) for failing to report revenues totalling several million dollars for tax years 2013 to 2017. In accordance with the proceeds of crime provisions of the Criminal Code, the CRA also obtained restraint orders with respect to six properties linked to these individuals, for an estimated total value of $15.8 million. Approximately 50 CRA investigators took part in the searches with the RCMP.
For details on Collecteur Project, please consult the RCMP news release Collecteur Project: a vast money laundering network dismantled.
The CRA will continue combatting tax evasion and money laundering through: education, research, audits, criminal investigations, and collaboration with domestic partners such as the RCMP and the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC), as well as international partners.
The CRA has set up a free subscription service to help Canadians stay current on the CRA’s enforcement efforts.
Canada Revenue Agency notice
Categories: Anti-Money Laundering Enforcement Actions