Friday, September 1, 2023

Money launderer Paul King Jin - update

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. 
Paul King Jin“I'm a loan shark. I have money, you know,” He has avoided consequences ever since. Paul King Jin was wounded and his associate Jian Jun Zhu killed in a targeted shooting at a Richmond restaurant.

Zhu was a key player in B.C.’s biggest money laundering investigation, Silver International. The shooting occurred just after 7:30 p.m. Friday at the Manzo Itamae Japanese Restaurant. Both men were taken to hospital. Zhu and wife Caixuan Qin were charged criminally with money laundering, but those charges were stayed in late 2018, months before proceedings were to begin.
Jian Jun Zhu
Cops believed that “between June 27, 2012 and June 24, 2015, Mr. Jin and his associates were involved in 140 casino transactions totalling $23,501,456.”
See ----->Money launderer Paul King Jin and wife Xiaoqui Wei