{"id":126542,"date":"2020-02-11T05:46:45","date_gmt":"2020-02-11T13:46:45","guid":{"rendered":"https:\/\/www.casino.org\/news\/?p=126542"},"modified":"2020-02-11T09:45:50","modified_gmt":"2020-02-11T17:45:50","slug":"bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin","status":"publish","type":"post","link":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/","title":{"rendered":"British Columbia Bids to Seize $25,000 From Alleged Casino Money Launderer Paul Jin"},"content":{"rendered":"

Authorities in British Columbia have launched a legal bid to seize a $25,000 bank draft made out to Great Canadian Casinos by suspected money launderer Paul King Jin<\/a>, The Province<\/em> reports.<\/p>\n

\"Paul
Paul King Jin has been linked to Silver International, which authorities believe was a vast underground banking network. (Image: Vancouver Sun)<\/figcaption><\/figure>\n

BC’s Civil Forfeiture Office (FCO) argues the bank draft represented the proceeds of criminal activity, and that Jin\u2019s crimes include money-laundering, conspiracy, keeping a common gaming house, extortion, and failure to declare taxable income.<\/p>\n

Jin was the subject of the province\u2019s largest money-laundering investigation, dubbed Operation E-Pirate, which uncovered an extensive underground banking network with links to international organized crime.<\/p>\n

Authorities believe the network washed as much as $1 billion per year, much of it through the province\u2019s casinos.<\/p>\n

To date, no one involved has been successfully prosecuted as a result of Operation E-Pirate, although police have recommended charges against Jin resulting from a separate investigation. The prosecution service has yet to determine whether the case will go ahead.<\/p>\n

Mr. Jin has been identified by BCLC (British Columbia Lottery Corp) as being involved in cash deliveries to high-stakes gamblers at casinos in the Lower Mainland,\u201d the lawsuit alleges. \u201cBetween June 27, 2012 and June 24, 2015, there were 140 casino transactions totaling $23,501,456 and related to casino activity involving Mr. Jin and his associates.\u201d<\/p><\/blockquote>\n

Silver Foiled<\/strong><\/h2>\n

In October 2015, Jin was observed by police travelling between the offices of Richmond, BC-based company Silver International<\/a> and \u201cvarious locations\u201d with \u201csuitcases, boxes, and bags containing large amounts of cash,\u201d the lawsuit alleges.<\/p>\n

Authorities believe Silver was a front for the underground banking network. They claim the company would receive cash from drugs cartels and other criminal gangs, who were repaid via transactions into a network of 600 Chinese bank accounts.<\/p>\n

The dirty money was then lent to high rollers on junket trips from Asia, who would use it to buy chips, sinking it into the casino economy.<\/p>\n

\n

Two of Silver\u2019s operators, Caixuan Qin and her husband, Jian Jun Zhu, were charged. But the case was dropped when the name and details of a secret police informant were inadvertently released during a standard evidence disclosure to the defendants\u2019 lawyer.<\/p>\n<\/div>\n

Prosecutors determined that to continue would place the informant at \u201chigh risk of death.\u201d<\/p>\n

Threats of Violence<\/strong><\/h2>\n

The bank draft was uncovered when members of the Combined Forces Special Enforcement Unit (CFCFU), which tackles organized crime, seized Jin\u2019s Mercedes in May 2015.<\/p>\n

\u201cMr. Jin used the proceeds of the unlawful activity to provide money to participants in lawful and unlawful gambling activities,\u201d says the CFO complaint. \u201cMr. Jin compelled these gamblers to execute promissory notes in favor of Mr. Jin and\/or his wife as security for the money advanced for gambling.\u201d<\/p>\n

Some debtors told police Jin and his associates \u201cwere threatening physical violence or had perpetuated physical violence in order to collect,\u201d it adds.<\/p>\n

Jin has been the subject of previous civil forfeiture attempts by the BC government.<\/p>\n","protected":false},"excerpt":{"rendered":"

Authorities in British Columbia have launched a legal bid to seize a $25,000 bank draft made out to Great Canadian Casinos by suspected money launderer Paul King Jin, The Province reports. BC’s Civil Forfeiture Office (FCO) argues the bank draft represented the proceeds of criminal activity, and that Jin\u2019s crimes include money-laundering, conspiracy, keeping a […]<\/p>\n","protected":false},"author":36,"featured_media":126543,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[60],"tags":[],"acf":[],"yoast_head":"\nBC in Bid to Forfeit $25,000 From Alleged Money Launderer Paul Jin<\/title>\n<meta name=\"description\" content=\"Paul King Jin is suspected of money laundering through BC casinos and of having close ties to Silver International, a suspected illegal banking network.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"BC in Bid to Forfeit $25,000 From Alleged Money Launderer Paul Jin\" \/>\n<meta property=\"og:description\" content=\"Paul King Jin is suspected of money laundering through BC casinos and of having close ties to Silver International, a suspected illegal banking network.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/\" \/>\n<meta property=\"og:site_name\" content=\"Casino.org\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/Casino.OrgNews\" \/>\n<meta property=\"article:published_time\" content=\"2020-02-11T13:46:45+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2020-02-11T17:45:50+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"750\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Philip Conneller\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@casinoorgphilc\" \/>\n<meta name=\"twitter:site\" content=\"@Casino_Org\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Philip Conneller\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/\",\"url\":\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/\",\"name\":\"BC in Bid to Forfeit $25,000 From Alleged Money Launderer Paul Jin\",\"isPartOf\":{\"@id\":\"https:\/\/www.casino.org\/news\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#primaryimage\"},\"image\":{\"@id\":\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#primaryimage\"},\"thumbnailUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg\",\"datePublished\":\"2020-02-11T13:46:45+00:00\",\"dateModified\":\"2020-02-11T17:45:50+00:00\",\"author\":{\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\"},\"description\":\"Paul King Jin is suspected of money laundering through BC casinos and of having close ties to Silver International, a suspected illegal banking network.\",\"breadcrumb\":{\"@id\":\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#primaryimage\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg\",\"width\":1000,\"height\":750,\"caption\":\"Paul King Jin has been linked to Silver International, which authorities believe was a vast underground banking network. (Image: Vancouver Sun)\"},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"News\",\"item\":\"https:\/\/www.casino.org\/news\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"British Columbia Bids to Seize $25,000 From Alleged Casino Money Launderer Paul Jin\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/www.casino.org\/news\/#website\",\"url\":\"https:\/\/www.casino.org\/news\/\",\"name\":\"Casino.org\",\"description\":\"Latest Casino and Gaming News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/www.casino.org\/news\/?s={search_term_string}\"},\"query-input\":\"required name=search_term_string\"}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b\",\"name\":\"Philip Conneller\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"contentUrl\":\"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png\",\"caption\":\"Philip Conneller\"},\"description\":\"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.\",\"sameAs\":[\"https:\/\/muckrack.com\/philip-conneller\",\"https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk\",\"https:\/\/x.com\/casinoorgphilc\"],\"url\":\"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/\"}]}<\/script>\n<!-- \/ Yoast SEO plugin. -->","yoast_head_json":{"title":"BC in Bid to Forfeit $25,000 From Alleged Money Launderer Paul Jin","description":"Paul King Jin is suspected of money laundering through BC casinos and of having close ties to Silver International, a suspected illegal banking network.","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/","og_locale":"en_US","og_type":"article","og_title":"BC in Bid to Forfeit $25,000 From Alleged Money Launderer Paul Jin","og_description":"Paul King Jin is suspected of money laundering through BC casinos and of having close ties to Silver International, a suspected illegal banking network.","og_url":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/","og_site_name":"Casino.org","article_publisher":"https:\/\/www.facebook.com\/Casino.OrgNews","article_published_time":"2020-02-11T13:46:45+00:00","article_modified_time":"2020-02-11T17:45:50+00:00","og_image":[{"width":1000,"height":750,"url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg","type":"image\/jpeg"}],"author":"Philip Conneller","twitter_card":"summary_large_image","twitter_creator":"@casinoorgphilc","twitter_site":"@Casino_Org","twitter_misc":{"Written by":"Philip Conneller","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/","url":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/","name":"BC in Bid to Forfeit $25,000 From Alleged Money Launderer Paul Jin","isPartOf":{"@id":"https:\/\/www.casino.org\/news\/#website"},"primaryImageOfPage":{"@id":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#primaryimage"},"image":{"@id":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#primaryimage"},"thumbnailUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg","datePublished":"2020-02-11T13:46:45+00:00","dateModified":"2020-02-11T17:45:50+00:00","author":{"@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b"},"description":"Paul King Jin is suspected of money laundering through BC casinos and of having close ties to Silver International, a suspected illegal banking network.","breadcrumb":{"@id":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#primaryimage","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2020\/02\/vancouver-sun.jpg","width":1000,"height":750,"caption":"Paul King Jin has been linked to Silver International, which authorities believe was a vast underground banking network. (Image: Vancouver Sun)"},{"@type":"BreadcrumbList","@id":"https:\/\/www.casino.org\/news\/bc-in-bid-to-forfeit-25000-from-alleged-money-launderer-paul-jin\/#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"News","item":"https:\/\/www.casino.org\/news\/"},{"@type":"ListItem","position":2,"name":"British Columbia Bids to Seize $25,000 From Alleged Casino Money Launderer Paul Jin"}]},{"@type":"WebSite","@id":"https:\/\/www.casino.org\/news\/#website","url":"https:\/\/www.casino.org\/news\/","name":"Casino.org","description":"Latest Casino and Gaming News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/www.casino.org\/news\/?s={search_term_string}"},"query-input":"required name=search_term_string"}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/58769b72851c8cf117fb58ca150ebf8b","name":"Philip Conneller","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/www.casino.org\/news\/#\/schema\/person\/image\/","url":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","contentUrl":"https:\/\/www.casino.org\/news\/wp-content\/uploads\/2023\/03\/cropped-5-1-96x96.png","caption":"Philip Conneller"},"description":"In Philip Conneller\u2019s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation. Philip was the original features editor for poker\u2019s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites. His news stories for Casino.org\/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others. Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John\u2019s piano on two separate occasions on both sides of the Atlantic. He became a writer because he is a lousy pianist. Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC. Contact Philip at philip.conneller@casino.org.","sameAs":["https:\/\/muckrack.com\/philip-conneller","https:\/\/www.linkedin.com\/in\/philip-conneller-1495a48\/?originalSubdomain=uk","https:\/\/x.com\/casinoorgphilc"],"url":"https:\/\/www.casino.org\/news\/author\/phillip-conneller\/"}]}},"_links":{"self":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/126542"}],"collection":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/users\/36"}],"replies":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/comments?post=126542"}],"version-history":[{"count":0,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/posts\/126542\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media\/126543"}],"wp:attachment":[{"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/media?parent=126542"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/categories?post=126542"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.casino.org\/news\/wp-json\/wp\/v2\/tags?post=126542"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}