Public Safety Canada

Public Safety Canada

December 18, 2006 18:10 ET

PSEPC: Major Bust of Counterfeit Ring

OTTAWA, ONTARIO--(CCNMatthews - Dec. 18, 2006) - The Honourable Stockwell Day, Minister of Public Safety, issued the following statement to applaud a cooperative law enforcement operation in Quebec that has exposed an alleged organized crime counterfeiting ring.

In recent months, some 18,000 counterfeit Canadian $20 bills were produced and put in circulation. After a thorough investigation, five search warrants were issued today. Equipment used to produce counterfeit money as well as a large number of counterfeit bills were found during the searches. Several suspects have been arrested as part of today's operation.

"Canada's New Government has made a commitment to tackle crime and we are standing by that commitment. We will continue to take action to crack down on the production of counterfeit money, identification and credit cards. This illicit market undermines our economy and negatively impacts our daily lives.

Once again, law enforcement agencies have combined their efforts to stop criminals operating in our back yard. I commend the RCMP and the local and provincial police forces involved for their diligence in exposing this counterfeiting caper."

As money is easily transferable from one province to another, Canadians are reminded to protect themselves and their money. Counterfeit bills can be detected by following some simple tips. Visit the Bank of Canada website at www.bankofcanada.ca for more information.

Contact Information

  • Office of the Honourable Stockwell Day
    Minister of Public Safety
    Melisa Leclerc
    Director of Communications
    613-991-2863