Significant amount of cash seized at Woodstock Border Crossing
News release
April 27, 2022 Woodstock, New Brunswick Canada Border Services Agency / Royal Canadian Mounted Police
The Canada Border Services Agency (CBSA) and the Royal Canadian Mounted Police (RCMP) are committed to combatting financial and organized crime, and protecting the Canadian economy.
On April 4, 2022, CBSA officers seized CAN$292,950 in cash, suspected of being proceeds of crime from a traveller seeking entry into Canada at the Woodstock, New Brunswick port of entry.
The seizure followed a detailed secondary examination of the vehicle using various tools and with the help of CBSA Detector Dog Keo. The search revealed a hidden compartment within the vehicle where the money was concealed. A 43-year-old male from Hopewell Cape, N.B., was arrested at the port of entry. He was later transferred to the RCMP and released while police continue to investigate.
Members of the RCMP Federal Serious and Organized Crime – Border Integrity Unit have since taken the lead on the investigation to determine the origins of the money.
Quotes
“This significant currency seizure is another example of how the CBSA and RCMP are working together to fight organized crime at our border and beyond. It is through collaborative law enforcement efforts like this that we will continue to identify and combat complex and evolving threats to our economy and protect our national security interests.”
The Honourable Marco E.L. Mendicino, Minister of Public Safety
Quick facts
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Under the Proceeds of Crime (Money Laundering) and Terrorist Financing Act, currency or monetary instruments valued at CAN$10,000 or more must be reported to a CBSA border services officer when brought in or taken out of Canada. Under the Act, there are no restrictions on the amount of money that can be brought in or taken out of Canada, but currency and monetary instruments of CAN$10,000 or more must be reported; failure to do so can result in seizure or the assessment of a civil penalty ranging from $250 to $5,000.If you have information about suspicious cross-border activity, please contact the CBSA Border Watch Line at 1-888-502-9060.
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The public plays an important role in helping to reduce, prevent and solve crime. Anyone with information about, or who suspects, illegal activity is asked to contact their local police. Information can also be provided anonymously through Crime Stoppers at 1-800-222-TIPS (8477), by downloading the secure P3 Mobile App, or by Secure Web Tips at www.crimenb.ca
Associated links
Contacts
Media Relations
Canada Border Services Agency
media@cbsa-asfc.gc.ca
1-877-761-5945
New Brunswick (J Division) Media Relations
Royal Canadian Mounted Police
506-452-4252
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