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Technology Metro Vancouver properties worth a combined $7.5 million sought in civil forfeiture

09:15  17 january  2020
09:15  17 january  2020 Source:   cbc.ca

Burnaby house sought in civil forfeiture allegedly linked to Canada Revenue Agency scam

  Burnaby house sought in civil forfeiture allegedly linked to Canada Revenue Agency scam The province is suing to have a $1.9-million Burnaby house forfeited, alleging the property is linked to a Canada Revenue Agency fraud scheme. In a lawsuit filed in B.C. Supreme Court on Nov. 12, the B.C. Civil Forfeiture Office accuses Haoran Xue, also known as Charlie Xue, of being involved in a scheme to defraud unnamed people of money where fraudsters pose as Canada Revenue Agency employees, RCMP officers, software-company employees or bank investigators. According to the civil-forfeiture offices’s claim, unsuspecting individuals were contacted and told to send money in cash or gift cards to retail mailboxes in B.C. and Ontario.

More than $ 7 . 5 million in Metro Vancouver property , as well as bank accounts, have been frozen in a B.C. Supreme Court suit filed by the province that In its court filing, the civil forfeiture office also claims failure to declare taxable income. The provincial agency also seeks to have forfeited 0

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a sign on the side of a building: According to the suit, the New Westminster Police Department began investigating the alleged drug trafficking ring in September 2017.© Maggie MacPherson/CBC According to the suit, the New Westminster Police Department began investigating the alleged drug trafficking ring in September 2017.

The province is trying to seize more than $7.5 million in Metro Vancouver houses it alleges were used to launder drug trafficking money.

In a statement of claim filed in a B.C. Supreme Court, the B.C. Civil Forfeiture Office alleges six homes in Burnaby, Maple Ridge, Coquitlam and Mission were bought or maintained with money from trafficking fentanyl, heroin, cocaine and methamphetamine.

It also alleges Can Auto, an auto and appliance repair business registered at one of the properties, was used as a front to conceal operations of the drug ring.

Province suing to seize $1.83-million Langley property

  Province suing to seize $1.83-million Langley property The province is suing to have a $1.83-million Langley property forfeited, alleging it has been used to produce drugs and launder money. In a B.C. Civil Forfeiture Office suit filed in B.C. Supreme Court on Oct. 29, named are a numbered company that owns the property, 0671262 B.C. Ltd., and Milan Pocuca, the company’s sole director and “controlling mind.” In a B.C. Civil Forfeiture Office suit filed in B.C. Supreme Court on Oct. 29, named are a numbered company that owns the property, 0671262 B.C. Ltd., and Milan Pocuca, the company’s sole director and “controlling mind.

Using civil forfeiture , the city seizes and forfeits almost million each year in cash, cars, homes and other property from thousands of its citizens. Under civil forfeiture , the government can seize and sell your property without charging or convicting you of a crime. They also get to pocket the proceeds.

The suit claims the Bank took action after learning “Yan had fled china and was living in the Vancouver area,” in April of this year. It turns out, Yan also owns several homes in Metro Vancouver with a combined value of $ 7 .2- million dollars. Three of his homes in Surrey total just over $ 5 million dollars.

The defendants named in the suit are Ashok (Roy) Kumar Naidu, his current or former spouse Gina Chinamma Naidu, their son, Avenel Naidu, and his girlfriend, Alisha Ann Watkins.

None of the allegations have been proven in court and a statement of defence has not been filed.

According to the suit, the New Westminster Police Department began investigating the alleged drug trafficking ring in September 2017.

Police allege Avenel Naidu was one of the leaders of the drug ring and that he and his father were directors of Can Auto.

In June 2018, search warrants were issued for the properties.

Police found drugs, including an opioid analgesic that is almost eight times as potent as morphine, guns, jewelry, more than two dozen cellphones, Louis Vuitton, Gucci and YSL handbags and Rolex watches, some of which were stolen.

B.C. seeks to seize Salt Spring property allegedly linked to international stock fraud

  B.C. seeks to seize Salt Spring property allegedly linked to international stock fraud The province has filed a lawsuit seeking to seize another property allegedly linked to a $200-million-plus international stock fraud. The $2.4-million property on Salt Spring Island, north of Victoria off the east coast of Vancouver Island, is added to two properties the B.C. Civil Forfeiture Office is already pursuing in the Kelowna area. The forfeiture lawsuit filed in B.C. Supreme Court on Dec. 11 alleges the Salt Spring Island property at 391 Baker Rd. is the proceeds of crime and was used to launder money. Named in the civil suit are Geordie Lee, also known as Skye Lee; Alicia Lee; and Vincent Manalastas, the sole director of Beresford Estates Inc.

In civil forfeiture cases, as many as 80% of people who have their assets seized are never charged with a crime. Modern civil asset forfeiture laws, created with the intent to incapacitate drug traffickers, were introduced by Congress as one component of the larger War on Drugs.

Government has a program where it can take a citizen’s money and property based on suspicion, without having to prove any wrongdoing. Senator Rand Paul has

Police also found about $200,000 Canadian dollars as well as Mexican and U.S. currency, which the provincial agency is seeking to have forfeited.

The suit alleges the money garnered from drug trafficking was deposited into various bank accounts in amounts less than $10,000 so as not to raise suspicion.

Between November 2014 and February 2018, Ashok Naidu allegedly deposited more than $275,000 in cash into the accounts at different branches.

The deposits were often large numbers of $5 to $100 bills, not consistent with legitimate business income, the suit says.

The family would then allegedly use the money to pay mortgages on existing homes and buy new ones. Furthermore, the defendants are alleged to have prepared fraudulent employment letters, pay statements and tax documents to support the laundering.

The suit alleges the properties acted as meeting places for the drug trade, storage for drugs and space for an unlicensed marijuana grow operation.

The property and related bank accounts have been frozen as the civil suit progresses.

The suit alleges Can Auto's business bank accounts were not consistent in size and frequency of deposits for a business involved in auto repair work.

"Avenel Naidu exhibited a level of personal expenditure and asset ownership inconsistent with being employed at Can Auto," the suit says.

Furthermore, it alleges it could not be explained by other legitimate sources of income.

The suit asks that the money, jewelry, handbags and the six properties, as well as their proceeds, be forfeited to the government.

If not, the suit says the properties will "likely" be used for unlawful activity in the future.

Over $7.5M in Metro Vancouver properties subject of civil forfeiture .
More than $7.5 million in Metro Vancouver property, as well as bank accounts, have been frozen in a B.C. Supreme Court suit filed by the province that alleges the assets are proceeds of drug trafficking. In a legal action filed this summer, the B.C. Civil Forfeiture Office seeks to permanently seize six homes in Burnaby, Coquitlam, Maple Ridge and Mission it alleges were linked to drug trafficking and used to launder money. In the suit filed in In a legal action filed this summer, the B.C. Civil Forfeiture Office seeks to permanently seize six homes in Burnaby, Coquitlam, Maple Ridge and Mission it alleges were linked to drug trafficking and used to launder money.

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