The Toronto Police Service is committed to protecting the people of our city from crime, including financial crime, which defrauds Canadians out of billions of dollars every year.

The Financial Crimes Unit investigates frauds occurring in, or that have a connection to the city of Toronto. Investigators work closely with community partners, regulatory agencies, and financial investigators in the private and public sectors to effectively and proactively investigate fraudulent scams. The nature of these crimes and the movement of  illegal funds requires working closely with other municipal, provincial, federal and international law-enforcement organizations.

Financial Crimes investigators have specialized training to carry out investigations and focus on dismantling and disrupting organized criminal fraud groups, and   are dedicated to identifying, locating, and bringing offenders to justice. The goal of the Financial Crimes Unit is to work with vulnerable community members  to prevent financial crimes entirely.

 

Financial Crimes Sub Units:

 

Corporate Section

The section leads and coordinates investigations involving organized crime and multi-jurisdictional fraud occurrences relating  to:

  • Multi-jurisdictional investigations of major economic fraud involving stock market and securities violations
  • Real estate and mortgage fraud
  • Insurance and investment fraud
  • Public frauds involving a large numbers of victims
  • Investigations into organized crime, or multi-jurisdictional fraud occurrences involving manufacturing, forgery and the distribution of payment cards, currency, cheques, and other valuable instruments
  • Fraudulently manufactured, counterfeit or altered payment cards
  • False applications for payment cards
  • Distribution, manufacturing, forgery, counterfeiting and re-encoding of payment cards

 

Mass Marketing Section

The section leads and coordinates investigations involving organized crime and multi-jurisdictional fraud occurrences. The Mass Marketing Section is the lead agency in the Toronto Strategic Partnership is a combined enforcement strategy that includes provincial, national and international law-enforcement and government agencies to combat transnational fraud. The Toronto Strategic Partnership specializes in the investigation of mass marketing fraud in, or originating from, the province of Ontario with cross-border implications. The Mass Marketing Section investigates frauds relating to:

  • Major fraud investigations involving organized fraudulent marketing schemes, including a variety of cash or prize winnings, advance fee loans, cheque cashing schemes, and other similar scams targeting the general public
  • Transnational criminal investigations committed by criminal organizations that target victims locally, nationally and internationally.

 

The Toronto Strategic Partnership consists of the following member agencies:

  • Toronto Police Service
  • Ontario Provincial Police
  • Royal Canadian Mounted Police
  • Competition Bureau of Canada
  • Ontario Ministry of Finance
  • Ministry Government and Consumer Services
  • United States Federal Trade Commission
  • United States Postal Inspection Service
  • Canada Post Security and Investigation Services

 

Asset Forfeiture Section

This section assists members and coordinates asset forfeiture investigations, offence-related property investigations, and money laundering investigations.

The Asset Forfeiture Section co-ordinates and provide expertise in cases involving the seizure and/or restraint of real estate, cash, bank accounts, vehicles, and assets obtained through criminal enterprise. 

The Section has partnerships with law enforcement agencies, government agencies, financial institutions and other specialized resource areas that may assist with asset forfeiture, proceeds of crime and money laundering investigations. 

Asset Forfeiture provide support in the following areas:

  • All Financial Crimes project-based investigations
  • Expert witness affidavits and testimony
  • Investigative support to members involved in criminal investigations, which have an asset forfeiture, proceeds of crime and/or money laundering component
  • Ongoing training to all members of the Toronto Police Service in the areas of asset forfeiture, proceeds of crime and/or money laundering investigations
  • Assist divisions  by eliminating or reducing problem properties that are a constant drain on police resources and affect the quality of life for the members of the community

Contact Financial Crimes

416-808-7300
40 College St. Toronto ON M5G 2J3
Location of the contact address on the map

Share