Home Breadcrumb caret Industry News Breadcrumb caret Industry CRA sent jailed mafia boss big refund A CBC investigative report has revealed that the Canada Revenue Agency sent Quebec-based Sicilian mob boss Nicolo Rizzuto an income tax refund cheque for almost $400,000, despite the fact he owned the taxman $1.5 million. By Staff | September 26, 2013 | Last updated on September 26, 2013 1 min read A CBC investigative report has revealed that the Canada Revenue Agency sent now-deceased mafia boss Nicolo Rizzuto an income tax refund cheque for almost $400,000, despite the fact the mobster then owed the taxman $1.5 million. Read: What’s changed in money laundering regulations? “The cheque…is dated Sept. 13, 2007. Rizzuto was in jail then, having been arrested the year prior and charged with extortion, bookmaking and drug smuggling as part of the biggest police crackdown on the Italian Mafia in Canadian history,” notes the report, adding the discovery has deepened worries of mafia infiltration of CRA. Read the rest here. Also read: 25 arrested in $8-million fraud investigation Money-laundering regulations get a facelift Staff The staff of Advisor.ca have been covering news for financial advisors since 1998. Save Stroke 1 Print Group 8 Share LI logo