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

Four fraud-related counts have been laid against Paul Punter

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.

.@ICBC adjuster charged with 4 fraud-related counts. Paul Punter’s next court date is February 26 in #NorthVancouver. @Dave_Eby confirms he’s no longer #ICBC employee and missing money has already been recovered, but Attorney General not saying how much $ at stake. @NEWS1130 — Marcella Bernardo (@Bernardo1130) January 29, 2020



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.