Extortion-linked transactions on rise, FinTRAC says

The Globe and Mail: FinTRAC’s special bulletin focuses on financial activities linked to extortion and violence targeted at Canada’s South Asian diaspora, which the agency says is being perpetrated by transnational organized crime groups. The extortion often starts as demands for money made through anonymous telephone calls or messages on encrypted chat apps, and it escalates to gunfire at victims’ storefronts or homes, and even arson when the demands are not met…