Edmonton Police Service Cracks Down on Financial Crimes

Edmonton, Alberta - The Edmonton Police Service (EPS) has seen a surge in financial crime cases in recent months, with investigators uncovering several major schemes within the city.

Investigating Financial Crimes

• EPS investigators have reported an increase in cases involving identity theft, fraud, and embezzlement.
• In one case, a local business owner was arrested for embezzling over $500,000 from his company.
• Funds were laundered through various accounts and transfers, making the investigation complex.

Identity Theft and Fraud Cases

• Another instance involved a group of individuals stealing identities to open credit cards.
• The group, consisting of locals and international members, had racked up over $1 million in unpaid debt before being caught.

Protecting Against Financial Crimes

“Financial crimes can have a devastating impact on the victims,” said Det. John Doe, head of the EPS Financial Crimes Unit.

Staying Vigilant

Det. Doe advises the public to remain vigilant and protect themselves against financial crimes:

1. Secure personal information.
2. Maintain strong passwords.
3. Be cautious when sharing financial details online.

Reporting Suspected Financial Crimes

Anyone who suspects they may be a victim of financial crime is encouraged to report it to their local law enforcement agency, although the investigation process may be lengthy.

Successes of the EPS Financial Crimes Unit

The EPS Financial Crimes Unit has seen considerable success, with several cases leading to arrests and successful convictions in recent years.

About Edmonton Police Service

The Edmonton Police Service is responsible for policing the City of Edmonton, Alberta, with a mission to protect, deliver, and enhance community safety. For more information, visit www.edmonton.ca/eps.