Bank of Canada Announces the Recipients of its 2007 Law Enforcement Award of Excellence for Counterfeit Deterrence

    OTTAWA, Aug. 23 /CNW Telbec/ - The Bank of Canada is pleased to announce
the recipients of its 2007 Law Enforcement Award of Excellence for Counterfeit
Deterrence. Acting Detective Brian Wintermute and Detective Tom Warfield, and
Constables Steve Poplawski, Scott Besco, and David Bauer of the Peel Regional
Police Service in Ontario were honoured yesterday during the annual conference
of the Canadian Association of Chiefs of Police in Calgary, Alberta.
    The recipients of the Award of Excellence were selected for their
relentless efforts and innovative investigative techniques in a major
investigation dubbed Project More Money. The tireless work of these officers
led to the shutdown of a significant counterfeiting operation, the arrest of
30 suspects on 469 criminal charges, and the seizure of sophisticated printing
equipment that was linked to many counterfeit $20 and $50 notes circulated in
Canada during 2005 and 2006.

    The Bank of Canada's annual 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. "Counterfeiting erodes confidence in
the money we use every day and can undermine the economic health of our
country if left unchecked," said Gerry Gaetz, Chief of the Bank's Department
of Banking Operations. "That is why the Bank strongly supports Canada's
law-enforcement authorities in the fight against counterfeiting and is proud
to honour the tremendous contribution of this year's award winners."

    /NOTE TO PHOTO EDITORS: A photo accompanying this release is available on
    the CNW Photo Network and archived at
    Additional archived images are also available on the CNW Photo Archive
    website at Images are free to accredited
    members of the media/

For further information:

For further information: Jeremy Harrison, (613) 782-8782; Note to
Editors: A photo from the awards ceremony is available on Canada NewsWire.

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