Feds detail “follow-the-money” plan to combat fraud, extortion in Canada

Finance Minister François-Philippe Champagne announced a series of consultations over the federal government's ‘National Anti-Fraud Strategy’ Monday in Montreal – a plan first revealed in last fall's federal budget. Speaking mostly in French, Champagne told reporters the consultations will seek feedback on three initial measures as part of the first-of-its-kind, “follow-the-money” strategy. These measures include supporting law enforcement's ability to detect, disrupt, and prevent extortion across Canada, while strengthening public awareness of the rapidly-growing issue. Simultaneously, the government aims to establish a multi-sector anti-fraud network that would introduce new obligations for federally regulated financial institutions, telecommunication providers and digital platforms – to help provide warnings of potential fraud and introduce screening for fraudulent profiles. For more info, please go to https://globalnews.ca/news/11737039/cbsa-extortion-immigration-cases/ Subscribe to Global News Channel HERE: http://bit.ly/20fcXDc Follow Global News on X HERE: http://bit.ly/1Toz8mt Follow Global News on TikTok HERE: https://www.tiktok.com/@globalnews.ca?lang=en #GlobalNews #Canada #Economy #Extortion