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flag Online sexual extortion of children by organized crime is rising in Canada, fueled by financial motives and digital transactions.

flag Financially motivated child sexual exploitation is rising in Canada, with FinTRAC warning of a surge in online sexual extortion linked to organized crime. flag Perpetrators, mostly men aged 20s to 60, use social media to pose as minors, gain trust, and coerce children into sharing explicit content before demanding money, gift cards, or more material. flag Suspicious transactions—such as rapid account depletion via peer-to-peer payments, gift card purchases, or small transfers to high-risk countries like the Philippines, Thailand, and Mexico—are key indicators. flag Virtual currencies are increasingly used to obscure financial trails. flag FinTRAC’s 2024–2025 data shows 57 disclosures through Project Shadow, identifying 157 individuals of interest. flag The agency urges financial institutions to enhance monitoring and reporting to disrupt these crimes, stressing the need for stronger cross-sector collaboration to combat this evolving threat.

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