The Toronto-based real estate mogul, who was recently arrested at a giant Markham illegal gambling site, may have been linked to similar allegations of illegal business in British Columbia. Weiwei has been identified as a business partner of BC real estate developer Yong Tao Chen. Their collaboration raises concerns about casino money laundering between the two Canadian states.
Illegal gambling operations have a direct impact on federal and local governments, as accumulated gambling revenues are not reinvested in casino-hosted communities. Top rollers are particularly attracted to the illegal gaming offerings there, as they give them more freedom and the exclusivity they seek. On Oct. 1, we saw a special operation unveiled.
A recent discovery of an illegal casino welcoming hikers in Toronto was confirmed by the York area police. Called Operation Endgame, the special operation involved more than 100 policemen to end illegal gambling operations at Markham's 20,000-square-foot mansion.
illegal gambling mastermind linked to Canadian Prime Minister
July 23 was the day of the original police raid, revealing the premium location with marble floors and additional accommodation on the second floor of the mansion. Officers found a variety of game offers available internally to attract a larger high roller audience. Slot machines and mahjong tables were prepared. The latter is especially popular among tall Chinese rollers who are interested in winning big in Canada.
$9M High Roller Illegal Gambling Found Near Toronto
The location itself was valued at C$9 million. There were also 11 firearms inside the site. The cash located there amounted to about C$1 million, and the top liquor was over C$1.5 million. The raid also put 32 people inside the mansion, and they were all arrested. Mr. Wei was one of these, and his name was quickly revealed in connection with many ties to officials.
money laundering
Shortly after his arrest, the 52-year-old was linked to Trudeau because he attended both a Canada-Canada $1500 free fundraiser at the home of a Chinese-Canadian corporate executive in 2016. The event was able to turn things around because some participants donated to various organizations, such as the Trudeau Foundation and the University of Montreal. Mr. Wei attended the event as co-chairman of the Society of the Chinese Chambers of Commerce of Canada. 파워볼사이트 추천
Cullen Committee Hearing Confused Money Laundering Information
Now, his name is connected to Chen, the president of the Canadian Overseas Union, who has supported the idea of building ties between community organizations in Vancouver, Toronto, and Montreal. Along with business opportunities, the RCMP also expressed concerns related to Chinese transnational cartels operating in Vancouver and Toronto, and illegal gambling centers in both provinces.
The Cullen Commission is looking at a new money laundering story
Mr. Wei, his wife, Singwe Chen, and Chen oversee a numbered company in Ontario, which has acquired two Toronto hotels worth a total of C$75 million. The ongoing investigation into Mr. and Mrs. Wei has raised concerns about money laundering, which is facilitated by the numerous properties they own. The investigation is ongoing, and more details are expected to be released.
