Bank of Canada Announces the Recipients of its
2008 Law Enforcement Award of Excellence for Counterfeit Deterrence
The Bank of Canada is pleased to announce the recipients of
its 2008 Law Enforcement Award of Excellence for Counterfeit Deterrence.
Corporal Tim Laurence, Corporal Susan MacLean, and now-retired Staff Sergeant
Ken MacDonald of the Integrated Counterfeit Enforcement Team, RCMP Toronto West,
were honoured during the annual conference of the Canadian Association of Chiefs
of Police in Montréal, Quebec.
The recipients of the Award of Excellence were selected for
their persistence and commitment to an investigation code-named Project Ophir,
which resulted in the shutting down of the largest counterfeiting operation in
Canadian history. The investigation focused on a highly organized and
sophisticated group of criminals that was determined to be the source of over $6
million in counterfeit bank notes. Following the investigation, eight persons
were charged and have since entered guilty pleas to various counterfeiting
"Thanks, in large part, to the efforts of law-enforcement
personnel across Canada and, specifically, the individuals we are honouring,
counterfeiting rates have fallen dramatically in Canada in the last four years,"
said Pierre Duguay, Deputy Governor of the Bank of Canada. "The Bank of Canada
congratulates these officers for the very positive contribution they have made
towards maintaining confidence in Canada's currency."
The Bank of Canada's Law Enforcement Award of Excellence
for Counterfeit Deterrence was established in 2004 to recognize the work of
Canadian law-enforcement personnel in deterring and preventing the
counterfeiting of Canada's bank notes.