Financial Crime World

Trinidad and Tobago Police Service Unveils Cutting-Edge Financial Crime Investigation Techniques

The Trinidad and Tobago Police Service’s Financial Investigation Branch (FIB) has made a significant commitment to tackling financial crime in the country, particularly money laundering, terrorist financing, and the financing of weapons of mass destruction.

The Unit’s Mandate

The FIB operates under two key pieces of legislation: the Proceeds of Crime Act (POCA), 11:27 as amended by Act No. 15 of 2014, and the Anti-Terrorism Act. Its primary responsibility is to investigate and forfeit cash seized by police officers under POCA.

Investigating and Forfeiting Cash

According to sources within the FIB, the unit is responsible for investigating and forfeiting cash seized by police officers under POCA. This includes cash in excess of TT$20,000.00 or its equivalent in other currencies, which can only be seized by officers of the rank of sergeant and above.

The State-of-the-Art Facility

The Financial Investigation Branch has established a state-of-the-art facility at 13th Floor, Riverside Plaza, Besson Street, Port of Spain, where investigators work tirelessly to track down and prosecute financial criminals. The unit’s hotline is (868) 627-4281 for anyone with information on suspected financial crimes.

Expertise in Cutting-Edge Financial Crime Investigation Techniques

With its expertise in cutting-edge financial crime investigation techniques, the FIB has become a vital tool in the fight against financial malfeasance in Trinidad and Tobago. The unit’s commitment to tackling financial crime is crucial in protecting the country’s economy and ensuring that those responsible for these crimes are held accountable.

Key Points:

  • The FIB operates under the Proceeds of Crime Act (POCA) and the Anti-Terrorism Act.
  • The unit investigates and forfeits cash seized by police officers under POCA, including cash in excess of TT$20,000.00 or its equivalent in other currencies.
  • Cash seizures can only be made by officers of the rank of sergeant and above.
  • The FIB has a state-of-the-art facility at 13th Floor, Riverside Plaza, Besson Street, Port of Spain.
  • Anyone with information on suspected financial crimes can contact the unit’s hotline at (868) 627-4281.