16+ CR GTD
Header banner - Calling Stn
Pokersaint - Lead
eged Casino Money-Laundering Kingpins Gunned Down Gambling

Alleged Casino Money-Laundering Kingpins Gunned Down

by Jonathan Pereira Posted on 23 Sep, 2020

On 18 September, Friday evening, two Chinese Canadians were shot at a Japanese restaurant in Richmond, British Columbia. The two men, Jian Jun Zhu died at the scene and the other Paul King Jin was left injured. The suspects were under investigation by the authorities in a billion-dollar casino money laundering scheme.

Sgt. Frank Jang of the Integrated Homicide Investigation Unit in a statement said “This was a brazen shooting that could have resulted in further victims.” Jang said both victims were well known to police. Investigators believe the shooting was targeted, but so far see no evidence that it’s connected to the ongoing gang conflicts in the Lower Mainland.

On Monday, police appealed for witnesses in this targeted shooting, and for anyone who might have dashcam footage taken near the Manzo Itamae Japanese Restaurant at Garden City.

Manzo Itamae Japanese Restaurant

Blitz Poker banner

Silver International was operated by Zhu and his wife Caixuan Qin. The investigators claim that it was a front for an underground bank that had links to international drug trade. It is believed Silver International washed around $250 million a year through British Columbia’s casino sector and property markets.

Moneylender and illegal casino operator Jin was the initial target of Operation E-Pirate. He was suspected of money laundering because of his involvement in nocturnal deliveries of large amounts of cash to high-stakes gamblers in and around the province’s casinos. In October 2015, investigators observed him traveling between Silver’s offices and various locations with suitcases, boxes, and bags containing large amounts of cash.

The prevalence of money laundering in British Columbia was fully uncovered in 2017, that caused a national scandal in Canada. Lax money laundering controls meant that the province had become a laundromat for organized crime, according to a subsequent independent investigation, commissioned by AG David Eby. So extensive was the problem, that the international intelligence community had taken to referring to the system by Jian and Silver for washing criminal proceeds as ‘the Vancouver Model.’

According to authorities, Silver would receive cash from drug cartels and other criminal gangs, who were repaid via equivalent transactions into a network of 600 Chinese bank accounts. The cash would then be lent to Chinese high rollers visiting the province on gambling junkets, eager to circumvent restrictions on the movement of cash out of China. Then it would be converted into chips and sunk into the casino economy, or returned to the high rollers in check form. They would settle up with Silver on their return to China.

For more updates on gambling stories around the globe, keep reading GutshotMagazine.com

Calling Station Triathlon series

Tagged : 

More News

Hyd online ambling racked busted and INR 1,100 Cr seized
14 Aug,2020 

4 people arrested and a Chinese company busted ...

Drones used to complete gambling den bust
27 Apr,2020 

Drones used to complete gambling den bust

Hyderabad police unearth INR 110 crore from Chinese company bust
20 Aug,2020 

Hyderabad police unearth INR 30 crores from Chi...


Your email address will not be published. Required fields are marked *

Dangal box

Top 10 Poker Rooms

  • Calling Station
    Calling Station

    Instant withdrawal; Use “RELOAD20” on deposits for 20% locked bonus
    Offer: "GUTSHT" Register

  • 9stacks

    Instant withdrawal; 100% locked bonus on first deposit
    Offer: "9GUTSHOT Register

  • PokerSaint

    60-seconds withdrawal; 100% locked bonus on first deposit
    Offer: "GUT100" Register

  • Poker Dangal
    Poker Dangal

    INR 500 Free on sign-up; (425 Locked, 75 Instant)
    Offer: 150% on first deposit up to INR 5,000 Register

  • Natural8

    Sign-up code "GUTSHOT"
    Offer: 200% bonus up to $500 or $100 in instant rewards Register

  • Pocket52

    Up to 300% bonus for first-time depositors
    Offer: "GUTSHOT52" - 10% Instant + 190% Locked + Free Ticket worth Rs.110 Register

  • Poker Tempo
    Poker Tempo

    Free Rs.700 on Signup - 600 Ticket for 5 Tourneys of 20K GTD each, 50 Instant, 50 Locked
    Offer: "WELCOME150" - First deposit bonus of 150% Register


    Sign-up with "GSBLZ"
    Offer: NA Register

  • PokerStars India
    PokerStars India

    Deposit Rs.500 and get First Deposit Bonus of Rs.2,500 + 5 tickets to Depositor Freerolls
    Offer: "IMIN2500" Register

  • Spartan Poker
    Spartan Poker

    Sign-up with "GUTSHOT"
    Offer: "GUT300X" to get 300% on your deposit Register

BSU box banner

Want to share your thoughts about poker?

Then click the button to submit your article.

Facebook + Follow

Instagram + Follow

Welcome Bonus upto INR 5600

Welcome Bonus upto INR 5600