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Former staff of PacNet, the financial services firm at the centre of the largest civil forfeiture settlement in B.C. history, are under indictment in Nevada and could be extradited to answer to charges of mail and wire fraud and money laundering.
One of Ireland’s longest running courtroom battles – over a multi-million cash payments firm and a $90m (€82m) international mail fraud – has finally come to an end.
Two men mailed millions of phony prize notices and stole more than $92.7 million from more than 700,000 victims. They contracted third-party payment processors – including PacNet – and copywriters to help create fraudulent prize notices
Both men were convicted in May 2022 on charges of conspiracy to commit mail fraud, mail fraud, wire fraud, fraudulent use of fictitious names and aiding and abetting other mail fraud schemes, according to officials.
Two men mailed millions of phony prize notices and stole more than $92.7 million from more than 700,000 victims. They contracted third-party payment processors – including PacNet – and copywriters to help create fraudulent prize notices