 | 12 apartments above a sporting goods shop in Vancouver appear unremarkable, blending in with others in the beachfront Kitsilano neighborhood.
The building's bland exterior hides a secret. The apartments are a part of a money laundering operation run by Paul King Jin. Jin is accused of laundering criminal money by having his niece buy the apartments with illicit funds, then taking out loans against them from a Hong Kong firm, which are repaid in cash. Documents filed in B.C. Supreme Court by the province’s Civil Forfeiture Office name Hong Kong company Everwell Knight Limited. It is owned by Yu Shunhui, an avid supporter of the Chinese Communist Party. Jin was arrested in 2016 during 'E-Pirate', and questioned about alleged crimes, including extortion, running illegal gambling operations and money laundering. |