Suit seeks to permanently obtain $2 million in cash seized by RCMP in 2015 at underground bank Silver International, alleged of laundering hundreds of millions a year
The B.C. civil forfeiture office says it acted properly in launching a suit for millions of dollars against a Vancouver couple allegedly involved in B.C.’s biggest-ever money-laundering scheme.
The seizures were made as part of the RCMP’s E-Pirate investigation into underground bank Silver International that allegedly laundered hundreds of millions a year involving several countries, including China and Mexico. Qin, the director of Silver International, and Zhu stand accused of running the underground bank, and the civil suit seeks to seize the money permanently as proceeds of crime. The pair have denied the claims in their response to the forfeiture suit.
That information became known as a result of a “referral” from the RCMP on the nearly $1 million in seized cash, noted Tawtel. It is not unusual for the civil forfeiture office to receive referrals for different property associated with the same investigation at different times, Tawtel said in his affidavit.
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