First known extortion cases surface in Vancouver, 4 under probe

Vancouver has reported its first known extortion cases, with police saying perpetrators are threatening residents and business owners with violence in exchange for money.

The Vancouver Police Department said it is investigating four extortion files — the first such cases identified in the city. Const.

Darren Wong said that the cases but said limited details could be shared as investigations remain at different stages. Police have executed search warrants, made arrests and are gathering further evidence to support charges.

Authorities said the victims live in Vancouver but operate businesses in the Fraser Valley. Two of the investigations are being conducted in coordination with the Surrey Police Service and the B.C. Extortion Task Force. Police believe additional cases may exist and have urged victims to come forward.

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Extortion cases surge in Surrey

In neighbouring Surrey, police reported 53 extortion incidents so far this year, along with 11 related shootings and two arson cases. A total of 31 victims have been targeted, including 17 who were previously targeted. Surrey has been the region’s primary hotspot since the first cases emerged in November 2023.

Federal response and financial tracking

The Canada government has announced new measures to combat the crime, including deploying financial intelligence specialists to focus on extortion targeting businesses and households. Finance Minister François-Philippe Champagne said authorities aim to disrupt criminal networks through enhanced financial tracking.

The Financial Transactions and Reports Analysis Centre of Canada will work more closely with law enforcement and financial institutions, including banks, credit unions and cryptocurrency platforms, to improve information sharing and detect suspicious transactions linked to extortion.