Global illegal money flows reached $4.4 trillion in 2025, impacting world GDP significantly. Bank frauds are increasing, with many types growing at twenty percent annually. Organized crime and drug networks fuel much of this illicit financial activity. In India, anti-money laundering cases hit a four-year high in FY26. A very small fraction of defrauded amounts is ever recovered by authorities.
OTTAWA, Ontario, Sept. 02, 2026 (GLOBE NEWSWIRE) — Today, Finance Minister François-Philippe Champagne announced that the current pause on the federal excise tax on gasoline and diesel will be…