National

BC company forfeits 10M to Province

Darpan News Desk The Canadian Press, 20 Dec, 2023 10:55 AM

A B-C company has forfeited 10 million dollars to the province over allegations it provided payment services for people around the world who ran scams aimed at elderly seniors.

Solicitor General Mike Farnworth says a settlement agreement with PacNet Services is the largest such confiscation in the history of its civil forfeiture program.

Part of the agreement includes no admission of unlawful activity on the part of PacNet.

Farnworth says the major forfeiture sends clear message that B-C will continue to take decisive action against suspected proceeds of crime

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