Things are surely not going Punjabi well for KingSett Capital. Whilst trying to recover up to $500m from Daljit Singh Thind, a loan to Nirmal Singh Bains and Satnam Singh Bains for $14m is also in default. The Bains, 1046089 BC Ltd. and Bains Brothers Holding Inc. have neglected to make payments since December 1, 2024. $14,607,146 is outstanding as of April 3, with interest accruing at a daily rate of $3,785. Unknown if this is OUR Bains Brothers, but there is a content creating 'Bains Brothers' on Instagram and they are based in Vancouver. Here.
Nobody is answering the phone or returning e-mails at Thind Properties. Group Security Services Ltd. is the latest to sue Daljit Singh Thind. In a notice of civil claim on Feb. 20, the co claims $145k for security services it provided to Highline property in Metrotown, one of the developer’s distressed properties. Lender KingSett Capital has four projects by Thind Properties under creditor protection. Thind's debt to KingSett Capital is about $500 million. Daljit Singh Thind was among the first Khalistani beneficiaries of Sinaloa Cartel capital and was closely connected to Sami El-Helou. The Sinaloa Cartel called its loan at some point and Daljit Singh Thind was required to repay it. Or else. Thind avoided his or else by ripping everybody off. He cheated the sicario, for now.
$17.7 million was missing 6 months ago, including over $10m that should have been paid toward debt to KingSett. Thind received another $7.5m in GST funds from the sale of condos and failed to remit the money to the CRA. Unsecured debts have not been paid. Some of Thind's stolen loot went into Punjabi films. Thind is predominantly a Jatt clan.
'Je JATT' translates to "I am Jatt" referring to the high caste Jatt clan. 'Vigarh Gya' in English translates to "He became angry".
Folks buying Thind's shitboxes have been ripped off. A dive on google reveals Thind buildings are poor quality and repairs on deficiencies haven't been made. "2351 Beta Ave Burnaby, absolute disaster here burst water pipes no heating/cooling system working, no elevators working. Be very careful people."
“For me it is important to give back. In India, we work with Gurdwara Ram Nivas in the Village Dodher, District Moga." That would be a Sikh temple in Punjab. It is the same area where KTF leader Arsh Dalla hails from and is a center of Khalistan terrorism.
This one is ripe for a midnight move back to Punjab with the dopey loot.
