Outlier Solutions Blog FINTRAC Alert - Laundering the Proceeds of a Romance Scam

Quick OverviewOn April 11th, 2019, FINTRAC published an Operational Alert issued in part with the Canadian Anti-Fraud Centre. The information provided related to laundering the proceeds of romance scams and mass marketing fraud. The publication provided an explanation of what constitutes a romance scam, some common indicators that may be present and transaction patterns or flow of funds that may suggest fraud.Read more on FINTRAC Alert - Laundering the Proceeds of a Romance Scam...