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SOUND OFF: Cracking down on those who profit from crime
TOO MANY PEOPLE ARE RECRUITED into organized crime with dreams of exotic cars, opulent homes and a glamourous lifestyle. That’s why our government is taking steps to remove the incentive to commit crime, by equipping law enforcement with more of the tools they need to seize the proceeds of crime and make gang life unprofitable.
Last week, our government introduced unexplained wealth orders as part of amendments to the Civil Forfeiture Act. Unexplained wealth orders will be a key tool in our toolbox to combat organized crime. They are a powerful way for government to pierce common money laundering techniques and remove the benefits people see in being involved in organized crime.
Unexplained wealth orders are court orders that simply require a person to explain how they acquired funds or property and how they afford to maintain it. If the items were acquired with the proceeds of crime, or used in a crime, then the court may order forfeiture of property. This means the property is seized, and the money generated goes back into programs that help keep our communities safe and support victims and their families.
Unexplained wealth orders send a strong message that gang and criminal behaviour will not be tolerated in British Columbia, and that people who are involved in or profit from it will be held accountable.