OFAC designates PacNet Group as a TCO

OFAC has designated PacNet Group, an international payments processor and money services business based in Canada, as a Transnational Criminal Organisation (TCO) for its alleged history of money laundering on behalf of mail fraud schemes. It has also designated 12 individuals and 24 entities, across 18 countries, for providing support to PacNet or being owned or controlled by those that...

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About Michael O'Kane

Michael O'Kane

Michael was called to the Bar in 1992 and prior to joining Peters & Peters was a senior specialist prosecutor at the Crown Prosecution Service Headquarters (CPS). He was a key member of a small specialist unit responsible for the prosecution of serious and high-profile fraud, terrorist,...

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