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Former ICBC adjuster charged with stealing money

Last Updated Jan 29, 2020 at 4:55 pm PDT

(Dustin Godfrey, NEWS 1130 photo)

Four fraud-related counts have been laid against Paul Punter

It is unclear how much money Punter took, but the Attorney General says it has been recovered

NORTH VANCOUVER (NEWS 1130) — A former ICBC adjuster accused of stealing money from the insurance corporation has now been charged.

Four fraud-related counts have been laid against Paul Punter. His LinkedIn profile says he’s worked at ICBC since 2017.

Attorney General David Eby said the missing money has been recovered, but he did not disclose how much Punter’s accused of taking. Eby adds improvements have been made internally to prevent similar frauds in the future.

In an emailed statement from ICBC, it says the situation has been taken seriously.

“We took immediate action in notifying police as soon as the situation was uncovered and have been actively working with the RCMP as they investigated. ICBC has been able to recover the vast majority of funds and we can assure ratepayers they will not be responsible for covering any loss.”

Since the matter is before the courts, it says it cannot comment further.

Punter’s arraignment hearing is set for Feb. 26 in North Vancouver.