Six people have been charged in connection with a $5-billion money-laundering and fraud case being investigated in Toronto and the U.S. Toronto police began their investigation with a “romance scam” reported in the city in August, 2014. A 63-year-old Toronto widow had been defrauded of $609,000, police said at a news conference on the fraud case Thursday. During the investigation, Toronto police discovered the case had connections to a larger operation that was under investigation by the U.S. Postal Inspection Service and the Federal Bureau of Investigation (FBI). The forces worked together to uncover the identities of those alleged to be involved in the cross-border laundering and fraud investigation. Police said conspirators allegedly attempted to defraud victims of more than $5 billion.
By: Kendra Mangione
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