The Royal Canadian Mounted Police’s Integrated Market Enforcement Team in Calgary has charged Mark Douglas Alexander, founder and president of Canadian Wealth Strategies (CWS) Capital, with money laundering and fraud-related offences, acknowledging support from the Financial Transactions and Reports Analysis Centre of Canada. The investigation concerns the former Edmonton-based company, which represented itself as an internationally operating foreign exchange trading business. Police allege Alexander misappropriated more than 10 million in investor funds by transferring money from CWS accounts to other accounts under his control, with a portion moved into cryptocurrency exchanges. Charges laid on 9 September 2025 include laundering proceeds of crime, possession of property obtained by crime over 5,000, and fraud over 5,000, and a Canada-wide arrest warrant has been issued.
Financial Transactions and Reports Analysis Centre of Canada 2025-10-08
Financial Transactions and Reports Analysis Centre of Canada acknowledged for supporting RCMP charges against Canadian Wealth Strategies Capital founder for alleged money laundering and fraud
The Royal Canadian Mounted Police’s Integrated Market Enforcement Team in Calgary charged Mark Douglas Alexander, founder of Canadian Wealth Strategies Capital, with money laundering and fraud, supported by the Financial Transactions and Reports Analysis Centre of Canada. Alexander allegedly misappropriated over 10 million CAD from investors, transferring funds to personal accounts and cryptocurrency exchanges. A Canada-wide arrest warrant was issued on 9 September 2025.