FINTRAC releases a new Operational Alert, Laundering the Proceeds of Illicit Synthetic Opioids, to help businesses detect and report financial transactions linked to fentanyl trafficking

. Developed in collaboration with U.S. and Mexican financial intelligence units, the alert highlights money laundering tactics used by organized crime, including darknet markets, virtual currencies, and trade-based laundering. The initiative supports Project Guardian, a public-private partnership targeting opioid-related money laundering. Since 2018, FINTRAC has issued nearly 1,000 intelligence disclosures, aiding law enforcement in disrupting criminal networks.