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Midweek Roundup: Police Investigator Calls Ontario a ‘Money Laundering Capital,’ FinCEN Extends FBAR Deadline, and More
printThe province of Ontario is the source of most of the wealth of Canada's organized criminal groups, Sun News reported Wednesday. Canadian and Eastern European criminals have sought to keep the province quiet to protect what an unnamed police investigator called the "money laundering capital of organized crime for the world," the newspaper reported. Neighboring Montreal, by contrast, has seen more related violence. More The U.S. Treasury Department's Financial Crimes Enforcement Network extended the deadline for certain individuals filing Reports of Foreign Bank and Financial Accounts (FBAR) on Wednesday. Individuals, such as officers or employees with no financial interest and...
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