RCMP | RCMP Integrated Money Laundering Investigative Team charge Money Services Business owner
In below article from RCMP, the Royal Canadian Mounted Police (RCMP) Greater Toronto Area (GTA), Integrated Money Laundering Investigative Team (IMLIT) charged Nishanthan Gunapalan (38) of Markham, Ontario with 4 counts of knowingly providing false or misleading information, contrary to the Proceeds of Crime (Money Laundering) and Terrorist Financing Act (PCMLTFA).
As part of an investigation, the RCMP received a disclosure from the Financial Transactions and Reports Analysis Centre of Canada (FINTRAC) outlining non-compliance by a company identified as 2460753 Ontario Inc, operating as Saiesan Money Transfer. The company, located at 117-6500 Steeles Avenue East, Toronto Ontario is registered with FINTRAC as a Money Services Business (MSB) owned and operated by Nishanthan Gunapalan. Gunapalan is alleged to have knowingly provided false or misleading information to FINTRAC contrary to the PCMLTFA...
