A woman uses her computer keyboard to type while surfing the internet in North Vancouver, B.C., on Wednesday, December, 19, 2012. THE CANADIAN PRESS/Jonathan Hayward

U.S. Justice Department alleges fraud, money laundering against 4 from Vancouver firm

Indictment alleges the defendants knew that many mass-mail clients were sending fraudulent notifications

Four executives of a Vancouver-based payment-processing firm have been charged in what the U.S. Department of Justice says was a massive fraud scheme.

ALSO READ: B.C. estimates $7 billion laundered in 2018, $5 billion in real estate

The U.S. department announced conspiracy, fraud and money laundering charges against the partner owners and top managers of PacNet Services Ltd., alleging it was “the payment processor of choice” for companies that mailed large volumes of fake notices to lure alleged victims.

The department says in a news release that Roseanne Day and Robert Davis were part owners and top managers of PacNet, while Genevieve Frappier and Miles Kelly worked in the marketing or compliance departments.

Jody Hunt, the assistant attorney general for the department’s civil division, says the four are charged with enriching themselves by helping those who took money from elderly and otherwise vulnerable victims.

The indictment alleges the defendants knew that many mass-mail clients were sending fraudulent notifications to consumers in the U.S. and around the world, and that the defendants made about $15 million each in the last three years the company was in operation.

None of the four accused or their lawyers could immediately be reached for comment

Vancouver police say in a release that it began investigating PacNet in October 2016 after a request for assistance from U.S. law enforcement.

The Canadian Press

Like us on Facebook and follow us on Twitter.

Just Posted

VIDEO: Bloodhounds join the search for missing Chilliwack woman

Petsearchers Canada arrive in town Monday afternoon to help out

‘No little nook and cranny that’s too small’ in search for Chilliwack woman, say RCMP

Residents urged by police to assist in search for Grace Baranyk by checking property thoroughly

Search continues for missing elderly woman in Chilliwack

RCMP, Chilliwack Search and Rescue and community members combing area for Grace Baranyk

Big Chill a hot event in Langley

Flight Museum holds “ask the pilot panel” and demos flights for young pilots over the weekend

VIDEO: Hiker airlifted from Bridal Veil Falls Provincial Park Sunday

Park east of Chilliwack popular with tourist and B.C. residents who walk up to the falls

‘Bad choices make good stories’: Margaret Trudeau brings her show to Just for Laughs

Trudeau says over the decades she has been suicidal, manic, depressed

UPDATE: Youth seen with gun at Nanaimo mall, suspect now in custody

Woodgrove Centre shut down during police incident

B.C. man dies from rabies after contact with Vancouver Island bat

Last known case of human rabies in B.C. was 16 years ago

Crown recommends up to two-year jail term for former Bountiful leader

Crown says sentence range should be 18 months to two years for Bountiful child removal case

B.C.-wide police efforts identify Vancouver Island robbery suspect

Warrant issued for arrest of North Vancouver man for TD Bank robbery

VIDEO: Wolf spotted swimming ashore on northern Vancouver Island

Island wolf population estimated at under 150 in 2008, says VI-Wilds

Diversity a Canadian strength, Trudeau says of Trump tweets at congresswomen

Trudeau avoided using Trump’s name when he was asked about the president’s Twitter comments

B.C. couple bring son home from Nigeria after long adoption delay

Kim and Clark Moran of Abbotsford spent almost a year waiting to finalize adoption of Ayo, 3

Garneau ‘disappointed’ in airlines’ move against new passenger bill of rights

New rules codified compensation for lost luggage, overbooked flights

Most Read