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Province targets money-laundering with expansion of Criminal Property Forfeiture Branch

Justice Minister Kelvin Goertzen announced on Tuesday, August 9, 2022, that the government is expanding the Criminal Property Forfeiture Branch to target money-laundering in Manitoba.

Two new dedicated investigators and a financial analyst will be given the resources to investigate illegal money-laundering activities in the province. The expansion will allow the CPF to quickly act on securing money that investigations indicate is illegally acquired an could be subject to money-laundering.

“Money laundering is the lifeblood of many criminal organizations and is related to drugs and guns, which often sparks violence in our communities,” said Goertzen. “Going after this money with new dedicated investigators and analysts is about disrupting the activities of criminals and the violence and the fear that follows their activities.”

Assets seized are held in the CPF fund and redirected to initiatives that prevent crime, promote safer communities, support victims of crime and purchase specialized equipment for law enforcement agencies.

© News4.ca 2022

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