The Globe and Mail reports in its Friday edition that Canada's anti-money-laundering watchdog has reported an increase in cases of financially motivated child sexual exploitation, including extortion schemes linked to organized crime. The Globe's Alexandra Posadzki writes that FinTRAC released a new report Thursday to help businesses identify and report financial transactions linked to on-line child sexual exploitation. The operational alert builds upon FinTRAC's previous guidance on the topic, which was published in 2020, by leveraging findings from its financial intelligence. FinTRAC chief Sarah Paquet said: "The exploitation of children is one of the most appalling crimes imaginable and it's enabled by financial payments. The enhanced indicators in our updated alert will help Canada's financial sector detect and report transactions tied to online child sexual exploitation." Sexual extortion is a form of blackmail in which the perpetrator threatens to distribute the victim's sexual images or videos unless he or she pays or provides more sexual content. FinTRAC's report provides a list of indicators for businesses to look for, such as frequent transfers of small amounts of money through peer-to-peer platforms.