OTTAWA - Canada’s financial intelligence agency is warning of an increase in cases of sexual extortion of children for profit — acts that often are linked to organized crime.

This type of online blackmail involves threats to distribute sexual images or videos of a victim if they don’t send the perpetrators cash or, in some cases, more pictures.

In a newly published alert, the Financial Transactions and Reports Analysis Centre of Canada advises banks and other businesses to be on the lookout for specific dealings and patterns that could point to extortion or other forms of child sexual exploitation.

The federal centre, known as Fintrac, identifies cash linked to money laundering by analyzing millions of pieces of information each year from banks, insurance companies, securities dealers,

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