Title: Royal Canadian Mounted Police (RCMP) Crack Down on Economic and Financial Crimes in Canada

Increasing Threats of Economic and Financial Crimes in Canada

Amidst growing concerns over the increasing threats posed by economic and financial crimes to Canadian citizens and the economy, the Royal Canadian Mounted Police (RCMP) have intensified their efforts to combat this issue.

• Canadian authorities have reported an increase in organized crime groups and independent actors involved in economic and financial crimes [1]
• Economic and financial crimes can result in severe damages, both financially and emotionally
• Types of crimes range from fraud, money laundering, identity theft to embezzlement
• Complex, transnational crimes often committed via sophisticated means

RCMP’s Commitment to Combatting Economic and Financial Crimes

The RCMP takes this matter seriously:

“Economic and financial crimes threaten the security of Canadians and the Canadian economy. Our organization works meticulously with domestic and international partners to address these threats.” [2]

Types of Economic and Financial Crimes

The RCMP has identified various types of economic and financial crimes, including:

• Fraud
• Money laundering
• Identity theft
• Embezzlement

Signs and Preventive Measures

To help the public stay informed, the RCMP has published comprehensive resources on its website. Citizens are urged to:

1. Familiarize themselves with the signs of economic and financial crimes
2. Take necessary preventative measures to protect themselves

[1]: RCMP report on economic and financial crimes

RCMP’s Teams, Initiatives, and Partnerships

The RCMP is dedicated to combatting financial crimes through various teams, initiatives, and partnerships, including:

• Collaborating with domestic and international law enforcement agencies
• Working with federal and regulatory bodies
• Dismantling criminal networks that engage in economic and financial crimes

Additional Resources

• To learn more about different types of financial crimes, combatting financial crime and reporting financial crimes, visit the RCMP’s dedicated webpage on economic and financial crime
• Reporting Economic and Financial Crimes to the RCMP

References

[1]: RCMP report on economic and financial crimes [2]: RCMP statement on economic and financial crimes