B.C.** has applied to the court for an order requiring two residents of the province to explain how they received $1 million to buy a house on Salt Spring IslandAllegedly, the couple were the beneficiaries of a major ** fraud scheme.
According to Glacier Media, BC has filed its first Unidentified Wealth Order that will legally compel two homeowners on Salt Spring Island to account for the $1 million they used to buy their homes.
B.C.'s Minister for Public Safety and Justice, Mike Fernworth, said the order would be issued this week along with several other orders, and it would be the first time such a court proceeding had been initiated in Canada.
An Unidentified Wealth Order is a court order that will compel a targeted person to disclose to the authorities funds obtained for the purpose of acquiring a specific asset, usually a luxury vehicle or property**.
The case involves Alicia Valerie D**Enport, a.k.a. Alicia Lee, and Geordie Lee, a.k.a. Skye Lee, who are registered owners of 435 Stewart Rd on Salt Spring Island, according to a record of a claim filed against them on August 25 by the director of the B.C. Civil Forfeiture Office.
The person in charge claimed that the house was shown on the Internet as a holiday home next to a quiet country road. Part of the money came from proceeds from a major U.S. crime program planned in Vancouver.
D**Enport allegedly purchased the property on Nov. 3, 2017, for $1 million in cash and listed her occupation as a "housewife".
The supervisor said that the two were the beneficial owners of the company ** traded in the criminal conspiracy, otherwise they would not have had legal income to support the purchase of the house, which is currently listed at $1.8 million.
As a result, the property was the proceeds of illegal activities and/or tax evasion, and "the defendant used the property to engage in illegal activities that resulted in or could lead to the acquisition of property or interest property, or caused or could cause serious bodily injury," the director of the confiscation office claimed.
It is reported that some or all of the funds came from an elaborate illicit ** trading scheme orchestrated by Roger Knox and Richard Targett-Adams, who run a Swiss asset management company and trading platform called Silverton SA or Wintercap SA.
The Swiss company is part of offshore shell companies that hide the **beneficial owners who are trading illegally through pump-and-dump arrangements.
As part of an illegal scheme, rKnox controls a number of companies through a WB21 account, including: Hilton Capital Inc、morris capital inc.、quezon group llc、laramee holdings ltd., Santos Torrest LLC and Egredior Holding Ltd. ”
The claim alleges that proceeds from the scheme were allegedly transferred from WB21 to D**Enport and from Hilton to Biancardi Law Corp$1.15 million was wired to provide a loan to Geordie Lee.
This is the second confiscation lawsuit the couple has faced, and the last one was on Salt Spring Island. The parties facing the claim have responded, denying any wrongdoing and asking the court to dismiss the case on the grounds that there is no evidence.
The couple has yet to respond to the latest claims involving the Unexplained Wealth Order.
Civil confiscation claims are controversial because they do not require a criminal conviction for the State to seize assets. Similarly, the Unidentified Wealth Order is seen by civil liberals and criminal defense lawyers as an excessive use of power by the state.
But Pham said such orders are needed to combat money laundering. "As part of our Safer Communities Action Plan, we are passing legislation to add a powerful tool under the Civil Forfeiture Act in the form of an Unidentified Wealth Order," he said in a statement. ”
It is under this legislation that we will more effectively trace ill-gotten gains, including complex money laundering cases, forcing those who are suspected of having their wealth derived from criminal activity to explain how they acquired it. ”