International students allegedly exploited in expanding extortion network in Canada; FINTRAC warns

Financial intelligence agency says organized crime groups may be exploiting international students in a growing cross-country extortion network

Canada’s Financial Transactions and Reports Analysis Centre (FINTRAC) has issued a warning about an escalating wave of extortion targeting South Asian communities across the country, with reports suggesting that some international students from India may be being exploited by criminal groups.

According to the agency, extortion cases have increased rapidly in recent months and have evolved into a coordinated and sustained campaign of intimidation and financial coercion. Small and medium-sized business owners are being particularly targeted, especially in British Columbia, Alberta, Manitoba, and Ontario.

In some cases, victims have reportedly been demanded large sums of money under threats of violence.

Authorities say intimidation tactics have included shootings and arson intended to pressure victims into compliance.

FINTRAC reports suggest that organized crime groups, including references to networks such as the Bishnoi and Bambiha gangs, may be involved. These groups are alleged to be using financially vulnerable young international students as intermediaries to transfer money or assist in carrying out intimidation-related activities.

The agency notes that over 100 intelligence reports have been received in 2026 so far, involving more than 300 suspected individuals and over 63,000 financial transactions. These transactions often involve e-transfers, cash, and cryptocurrency, sometimes broken into smaller amounts to avoid detection.

Financial institutions across Canada have been urged to remain vigilant, particularly in cases involving sudden large cash withdrawals or unusual transaction patterns.

FINTRAC is also encouraging members of the public and business owners not to remain silent out of fear or shame, emphasizing that timely reporting is crucial to helping law enforcement disrupt and prevent organized criminal activity.