Financial Crimes

Asset Forfeiture

These investigators Identify assets obtained by individuals through criminal activity and seek the restraint, seizure and forfeiture of those assets.The mandate is as follows:

• Assume responsibility and carriage of proceeds of crime and money laundering investigations
• Review all incoming information from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) and provide the appropriate response where required
• Establish and maintain partnerships with other law enforcement and government agencies, financial institutions and other specialized resource areas that may assist with proceeds of crime and money laundering investigations
• Provide training for other members of the Service at various levels where required
• Monitor and provide support to members who have investigations where there is a proceeds of crime component
• Provide expertise in proceeds of crime investigations
• Assist other law enforcement agencies in conducting investigations within Toronto
• Ensure all field units are advised of the capabilities and the potential investigative assistance that Asset Forfeiture can provide to ensure a complete and successful criminal investigation

Corporate Crimes Section

Corporate Financial Crimes Investigators have the responsibilities of leading multi-jurisdictional investigations of major economic financial crimes involving stock market & securities violations, real estate financial crimes, insurance and investment financial crimes, and public financial crimes involving large numbers of victims.

Organized Crime Section

The responsibilities of the Organized Crime Investigators include

• Commencement or coordination of investigations into organized crime, or multi-jurisdictional fraud occurrences involving the manufacturing, forgery, and distribution of payment cards, currency, cheques and other valuable instruments
• 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
• To facilitate such extensive investigations, as the Financial Crimes Unit is the base for the Toronto Strategic Partnership, a multi-law enforcement agency pooling of resources and investigators from the Competition Bureau of Canada, Ontario Ministry of Consumer Services, Ontario Ministry of Revenue, Ontario Provincial Police Anti-Rackets, The Canadian Anti-Fraud Centre, RCMP-GTA Commercial Crime Section, U.S. Federal Trade Commission, U.S. Postal Inspection Service, and the U.K. Office of Fair Trading.