The RCMP Federal Policing Northwest Region have charged four individuals in relation to a coordinated ATM fraud in western Canadian casinos.
The investigation untangled suspicious activity at casino-based ATMs across the Edmonton area, involving a string of high-value withdrawals which triggered a service disruption to ATMs across western Canada.
The NWR executed six search warrants in the Edmonton area with the help of the Edmonton Police Service. Searches unearthed evidence of fraud and money laundering, as well as a quantity of cocaine, which triggered an additional drug trafficking charge against a fifth individual.
Investigators allege that the accused withdrew large sums of cash as part of a coordinated scheme intended to evade detection and exploit financial institutions. The fraud resulted in a net financial loss of over $1 million.
The investigation was made possible thanks to the collaborative efforts of Alberta Gaming, Liquor and Cannabis, the Edmonton Police Service, the Financial Transactions and Reports Analysis Centre of Canada, and various financial institutions.
The post Four charged with money laundering following ATM scam at Alberta casino appeared first on G3 Newswire.
The RCMP Federal Policing Northwest Region have charged four individuals in relation to a coordinated ATM fraud in western Canadian casinos. The investigation untangled suspicious activity at casino-based ATMs across the Edmonton area, involving a string of high-value withdrawals which triggered a service disruption to ATMs across western Canada. The NWR executed six search warrants…
The post Four charged with money laundering following ATM scam at Alberta casino appeared first on G3 Newswire.