â–ş Listen Live

Province cracking down on organized crime profits

The B.C. government is amending the Civil Forfeiture Act to make sure crime doesn’t pay in our province.

The main amendment is the creation of unexplained wealth orders. Provincial officials said these will require people to explain how they acquired their assets if there is suspicion of unlawful activity.

“Money-laundering schemes have become increasingly sophisticated, and unexplained wealth orders will be a key tool in our toolbox to combat organized crime,” said Public Safety Minister and Solicitor General Mike Farnworth in a release.

“By exposing property for forfeiture actions, we are removing this incentive and sending a clear message to anyone involved in organized crime that crime doesn’t pay.

Several other amendments are being added as well.

They include targeting the illegal cannabis market, eliminating the limitation period on forfeiture proceedings and making it easier to target financed vehicles.

Another amendment will also make it easier to access information from public bodies and organizations such as real estate boards.

According to the province, money seized from illegal activities and collected from the sale of forfeited assets will help fund crime prevention and victim services programs.

Story by Josiah Spyker

Continue Reading

cjsu Now playing play

- Advertisement -

Related Articles

- Advertisement -

Latest News

Former North Cowichan mayor receives Freedom of the Municipality award

The Municipality of North Cowichan has awarded the Freedom of the Municipality,  its highest honour, to a longtime community leader for his many years of public service.

Duncan Fire Department’s responses highest in third quarter 

An increase in the amount of fire calls have been reported to the City of Duncan for the third quarter.

Ladysmith RCMP report an increase in calls compared to last year 

A quarterly report shows crime in Ladysmith is trending upwards, but not in all areas.

Cowichan Aquatic Centre repairs complete, but more work needs to be done 

Cowichan Aquatic Centre upgrades are in the home stretch, but it still requires a few more tweaks.

Contactless payments coming soon to BC Transit riders

Bus riders may soon have an easier way to pay for their fare, as BC Transit prepares to roll out contactless debit and credit card payments across its network through the Umo fare system.
- Advertisement -