mysterious wheeler-dealer at centre of b.c. real-estate deals - where to buy a document camera

A Chinese property tycoon linked to the Industrial Bank scandal in northern China is at the heart of $0. 5 billion. C.
A joint investigation by The Post-media and global due diligence firm IPSA International showed real estate transactions.
Chinese real estate giant Kevin sun-
Also known as Hongsun, Lin Kevin, Sun Hongwei, Sun Hongwei-
Sunshine Commercial real estate was established in 2013.
Apart from buying and selling hundreds of millions in B. C.
Property, B. C.
Companies that focus on immigration investors have raised $0. 2 billion from investors.
ICBC's banking scandal began at $500 --
Jilin province million loan fraud audit-
Northeast province.
"As far as my client is aware, Kevin Sun has no" Chinese police "in China "(
Under that or any other name)
In an email to Postmedia, Sun commercial lawyer James Carpick said: "There is also no RCMP document related to it . ".
However, law enforcement officials interviewed by The Post-media said that many institutions, including the Royal Canadian Mounted Police, knew China's investigation of Sun Kaiwen and Sun Commercial CEO Guo Weimin, Canada's Border Service Bureau and B. C.
Securities Commission
So, who is Kevin Sun? What is his plan for the real estate market in Canada and China?
Despite repeated efforts by the Post-Media, Sun did not agree to answer questions about its business interests. But a B. C.
Civil cases of the Supreme Court in connection with the flip of property in South Vancouver provide insight.
Detailed testimony of Sun's friend, Bo Jiang, the first employee of BC.
Mr Sun's wealth in China, his arrival. C.
Real estate scenarios and sophisticated land investment strategies before the incredible growth of Sun's business.
Gitzy ads promoting corporate events here are a sign of SunCom.
Just over 10 years ago, sun and Jiang talked in the sun's kitchen about how rich they would be by flipping the Vancouver property.
Sun nodded to the staff and patted him on the shoulder. Bo Jiang —
Or call him Bobo kindly like Sun
Translation of sun and Jackof-
In all the transactions of real estate speculation, Jiang will recall at 2008 B. C.
Civil case of Supreme Court
Bobo, a worker, asked the Richmond bureaucrats for a land breakdown, opened a Navy-driven royal bank account to manage Sun's cash and took care of all the little things, for example, maintain Kevin Sun's ever-increasing list of empty houses.
In 2004, Sun hired Jiang to work as a real estate investment company based in Richmond.
It is not clear how much Jiang knows about his boss's history in China.
But according to Jiang Yu, he does know that Sun Yang claims to be very rich.
"At that time he said, 'I will eventually give you more than you want or what you ask for,'" Jiang told the Supreme Court '. ".
"He said, 'I don't care about the money since I am so rich.
In 2004, Chinese media, including Sina, also reported that a Jilin entrepreneur named Sun Hongwei left "$2 ". 8 billion (yuan)
A maze of credit, notorious, embezzled state assets.
Sun Hongwei quickly formed a state-owned enterprise group.
According to a number of Chinese media reports, the company has more than 1990 companies.
According to a profile from New Fortune magazine, he was appointed China's 388 richest citizens in 2003.
But by then, Sun had disappeared, according to Chinese reporters.
Kevin Sun is a mysterious figure.
In the era of many people B. C.
To market their projects, the real estate giants personally seek media attention, and Sun prefers shadows.
His advertisement for Sun swicial, a company of the same name (
Also known as SunCom)
The bus in Vancouver is full.
But Kevin Sun avoided an interview with the media.
SunCom's lawyer, Carpick, pulled Kevin Sun away from Sun business. Sun Commercial Corporation was established in 2013.
According to the document, Sun was no longer a director of the company in June 2015. “Mr.
"Sun is not a director, officer, employee or shareholder of my client," Carpick said . ".
Postmedia has only been able to find one of his public photos since Kevin Sun came to B. C.
On September 2015, he posed in front of SunCom's large ice sculpture, standing next to the company's star employees and deputy employees.
After the securities regulator launched a review of the company, involving a report from the province in January 2016, President Liu was removed from Liu's Facebook page.
The review of solar business is continuing, B. C.
The CSRC recently said.
The bottom line is, except for a few wells.
In Richmond's circle of real estate and political fundraising, few people know that Kevin Sun is the behind-the-scenes black hand of Sun swicial and many related companies in B. 's rapid expansionC.
"Kevin Sun has been here for a while," said a leader in the Chinese community.
"He is very good at getting away from the spotlight.
Sun claimed he arrived in Montreal after leaving China, he said.
Sun has permanent resident status in Canada. A photo I. D.
A copy of Sun's permanent resident card says his nationality is Chinese and it says "2001 Vancouver ".
"He said Montreal was too cold," said a colleague . "
"I think he came to Vancouver about 2001 or 2002.
It is reported that once in Vancouver, Sun and his wife Lin Ling lived in a small apartment near Langara College, where they interacted with Chinese immigrants.
Soon they were single.
Family home in Vancouver and Richmond.
HSBC Canada sued Kevin Sun and Ling Lin, saying they were in arrears of $3. 2-
Millions of mortgage loans for Sun Housea $9. 5-
With stables and vast grounds, Richmond's million-Gate mansion is Sun's company mailing address.
SunCom lawyer Carpick said his client would not comment on the case "still pending before the court.
"There is no known record of whether or not Sun Kevin transferred his wealth from China to Canada.
China has strict capital controls that prohibit citizens from transferring more than $50,000 a year overseas.
Sun was born in Changchun city, Jilin province, June 17, 1968.
His name was Sun Hongwei when he was born.
For more than 10 years, news reports published online in China say that the mysterious rise of Justice Sun, suddenly disappeared from Jilin details.
One of the reports is a document.
According to a survey by Caijing, the New York Times says Caijing is a "respected business magazine" in China ". Confidential U. S.
Diplomatic telegram to the United States on 2008S.
The national security adviser disclosed by WikiLeaks and the CIA quoted Caijing as "hard-
Report on cracking down on "local" corruption in Jilin province.
"Some of the outdated media reports you have attached have made various statements, but my client does not believe that any of these statements are true," counsel Carpick said . ".
"Anyone has any confidence in the accuracy of media reports from China (China)
It is wise to remember that there is no press freedom there.
According to Chinese media reports, Mr. Sun was humble as a barber, and his fate suddenly changed by about 1990.
Sina Finance reported that after meeting with a person allegedly related to the manager of the Jilin branch of China's largest bank, Industrial and Commercial Bank of China, Mr. Sun founded Jilin Hengqi group in 1995. He was 27.
In just a few short years, Sun's group acquired some of the former states --
According to Business documents cited by Sina Finance and the media, state-owned enterprises, including semiconductor factories and factories that produce tractors, light bulbs and wires.
Soon Sun entered the pharmaceutical and retail chains.
In 1999, he founded the largest supermarket chain in Jilin.
According to Sina Finance and Economics, when Wal-Mart arrived in Jilin, Sun's supermarket chain was in trouble and Sun faced a cash shortage.
Some reports said that some companies in Jilin Hengye were financed by loans obtained through fraud.
In one case, Caijing cited business documents and reported that Sun had something to do with the "suspicious" risk agreement for "non-existent" businesses.
On November 2000, the Shenzhen Stock Exchange announced that Sun Hongwei and Jilin pharmaceutical group involved "possession and disposal of a chemical plant in Jilin ".
Sun was ordered to "bear the main responsibility" for the losses in this case ".
However, by 2001, the top 100 private enterprises in China were Sun's group enterprises.
According to China's public documents, Sun was the representative of the National People's Congress of Jilin City that year.
Before and After, ICBC carried out a nationwide audit and found irregular loans in Jilin branch.
Sina Finance quoted a statement from the Audit Office of Industrial and Commercial Bank of China as saying: "Jilin Hengqi Group Co. , Ltd. since 1994Ltd.
With 13 affiliates, various technologies were used in conspiracy to defraud banks.
By the end of 2002, the total loan amount of the provincial branch of the Industrial and Commercial Bank of the group was 2.
8 billion yuan "-
About $0. 5 billion.
Police arrested several of Sun's business partners in Jilin, the report said.
Sun was not arrested, apparently leaving China before 2003, according to Sina Finance.
The first known company record with Kevin sun in B. C.
It is the Qiji real estate investment company he registered in August 2004.
The court testimony provided by Qi Ji's employee Jiang is the most-
A detailed description of Sun's venture capital on or before 2004.
"I have done something with Sun Kevin," Jiang testified on 2008.
"At the beginning, we tried to start an investment company.
The investment fund is aimed at the Chinese real estate market.
We also did market research in the supermarket.
Kevin Sun at the time also had an idea that he wanted to run a football gambling club.
Jiang's testimony did not say that Mr Son's earliest plan was to set up an investment fund for Chinese investors to buy B. C.
Real estate, or for investors in B. C.
Buy real estate in China.
However, Bloomberg News reports on SunOil Ltd.
Sun Kevin, president and chairman, said he worked in the resource industry for 10 years in 2015.
Sun has been active in the international real estate market as a consultant.
"At the Richmond House in the sun about 2005, Yijiang's testimony on 2008, he and Mr. Sun discussed 2400 of the land transaction-
Vancouver South West Ocean Drive block.
The property is owned by the collection.
However, according to Sun Zhengyi's legal proposition, Sun Zhengyi hopes that Jiang will sign a mortgage loan to obtain "preferential" conditions.
In addition, Sun Yang also wants Jiang to use his name on his title at home.
According to Jiang's testimony, the reason is that Sun and Qi Ji can use Jiang's first
Tax incentives for time buyers.
Jiang seeks a guarantee that he will get about 10-per-
He will share ocean-driven flip profits and similar terms for all other transactions completed by Qiji and Kevin Sun.
Although no contract was signed, Jiang Zemin said that through his understanding of Chinese culture, Mr. Sun agreed verbally.
Jiang testified that Sun told him: "Bobo, you will be at ease when all this is done, and you will not do less than $200,000.
On December 2005, Bojiang bought Ocean Avenue for $1.
9 million, the title file display.
It went public in April 2006 and sold in September 2006 for $1,368,800.
But legal documents in the case say Jiang paid sun Kevin's wife, Lin Ling, $492,257 in net sales and $10,000 to Qi Ji.
In the contract dispute that occurred on 2007, Qiji Investment Co. , Ltd.
Mr. Sun sued Mr. Jiang, saying he unfairly withheld $137,000 in sales.
In his defense statement, Jiang said: "Sun does not want to register property in the name of the company and continue the ocean-driven project because Sun believes that the tax revenue that the company will generate will reduce the profit of the project.
On 2008, the parties agreed to dismiss the action.
"I doubt the interest of the public," said Carpick, a Sunshine Business Lawyer at Kevin sun.
When asked if Sun would answer the question, the ginger case.
In a short email response to the list of questions forwarded by Postmedia, Caroline Rogers, B. C.
Top and CEO of US real estate regulator. C.
The Committee of Chinese financial institutions says the case involves several regulated entities.
"Trustees, beneficial owners and anyone who helps them must comply with all applicable laws and must not commit tax fraud or mortgage fraud," Rogers said . ".
Rogers said she would hand over the Navy-driven case to B. C.
Real Estate Commission.
She said that the RCMP Fintrac (Canada’s anti-
Money laundering institutions)
Revenue Canada and B. C.
The securities commission can answer questions on all aspects of the case.
Postmedia contacted all agencies, but no one would say if it would look into the deal with Marine Drive.
"CRA cannot provide input on all aspects of the transaction described," said Colette turong, a spokesman for the Canada Revenue Service . ".
Turgeon said that generally: "The employer of the first employee
Time buyers cannot ask for tax credits from buyers.
"In the court case, Sun Kevin's lawyer asked about some withdrawals related to the royal bank account on Ocean Avenue and pointed out some of Sun Kevin's large deposits, the range is from $10,000 to $30,000.
Some of the deals are for sea-driven projects in Qiji, Jiang said.
He told the court that Sun only gave him a large deposit on behalf of Sun, and that other cash withdrawals were made for Sun for unknown purposes.
"This has nothing to do with other projects.
This is the payment for other purposes . "
"I don't know how to explain it to you because Kevin likes to do it.
Whenever he wants cash, he wants me to do something like this.
Jiang also testified, "We 've done a lot of projects, before the Marine Drive deal," in some of our earlier projects, this is the real estate agent who introduced us to the branch manager of Royal Bank.
Jiang testified that the real estate agent was only recognized on the transcript by someone surnamed Zhang, believed to be from the Richmond office of the Sutton Group.
Jiang's testimony appears to raise questions about whether Realtors and bankers are regulated by Fintrac and are opposed by Canadamoney-
The money laundering law will complete appropriate due diligence or will require reporting of suspicious or large cash transactions related to Kevin sun.
According to the guidelines on the Fintrac website, some aspects of the Marine Drive transaction and Jiang's testimony about Sun's real estate investment are clearly likely to alarm a reasonable professional.
Fintrac, for example, suggests that it is possible to report that the buyer is a foreigner with the aim of investing in, rather than any real estate transaction that resides in the home. Also, if a non-
Canadian buyers buy multiple properties in a short period of time-
During this period, the use of a shell company, or the attempt to remain anonymous, may send a dangerous signal.
The management of Richmond Sutton group was asked if it would be possible to determine whether a real estate agent named Zhang was suspected of trading with Kevin sun and Bojiang.
Scott Russell, the boss of the brokerage firm, is a board director and former president of B. C.
The Real Estate Association said that the office did employ a real estate agent named Zhang, and Russell did not know the names of Kevin sun and Bo Jiang.
"I don't know anything about it," Russell said . ".
"I don't know what I can add.
"Fintrac will not say if it has received any suspicious transaction reports related to the Marine Drive flip case or if it will investigate.
"Fintrac cannot answer this question because it is not an investigative body," a spokesman said . ".
"The police are better suited to deal with issues related to possible criminal offences.
However, with regard to Fintrac's due diligence rules, spokesman Renee Bercier said, "financial entities must also use reasonable measures to determine whether there are third parties when opening accounts, except for account holders . . . . . . Is directing what is happening in the account.
"The ocean drive case also seems to highlight the vague, failed regulatory structure of B. C.
Real estate industry.
After a poor independent report on bad industry practices, Prime Minister Christy Clark recently announced a sweeping overhaul of real estate regulation.
B's head Rogers. C.
The US board of financial institutions could not tell the media whether, as the director of real estate, she was the regulator of Kevin Sun Qiji, related real estate company Sun Holdings cial and people involved in the negotiation and marketing of various investment companies related transactions by Kevin Sun in BC.
In addition to the regulatory issues surrounding the Sun and The Sun
In the case of Jiang, Jiang's affidavit is about 80 pages, providing a unique insight into Sun Kevin's early trading and investment methods.
After receiving the inspection, lawyer Jiang asked for an inspection of lawyer Sun.
Sun did not testify.
In a 2004 report, Chinese media mentioned the "Maze" of financing related to many of Sun's companies ".
Similarly, in 2008, Jiang claimed in court that it would be an extremely complex task to explain his terms of employment and provide accounting for Sun's projects on "many lands.
"It's a fairly complex issue because some have something to do with the episode, but others have something to do with the company he owns.
Because when he does a real estate project, he will register a separate company for each project . "
"Everything is coming together.
His personal adventures, the adventures of his own company, or the adventures that he will cooperate
Operate with others
"The Post-media contacted Jiang, who is now a licensed real estate agent but is not in 2005.
He said he did not want to comment on the Marine Drive deal or answer questions about Sun.
One of the properties mentioned by Jiang in court, 94-
On 2008, the RCMP raided the acre farm in Richmond, which was linked to an alleged meth lab and cannabis cultivation project.
A 2008 news report said the Richmond Review tried to contact Sun Hongwei, the landlord, and his only director, on Qiji land, but did not succeed. Cpl.
Dennis Huang of the Richmond RCMP told the Post-media that he was unable to answer any questions about the outcome of the case.
A colleague is in B. C.
Sun seems to be repeating his style of starting a business in Jilin.
"He's an opportunist.
You know, in Jilin, he bought the factory very cheaply, then sold the factory for real estate value, and then left . "
"Now, he moves very quickly from buying farmland to reselling houses to reselling commercial real estate.
If a developer from China wants to develop in Vancouver, Sun buys the land first and sells it to them.
He is both mysterious and intelligent.
"In Vancouver, though, it's not just Kevin," a colleague from Sun told Postmedia . "
There are hundreds of people who are similar to him.
"Canadian law enforcement sources also believe that hundreds of real estate investors in Vancouver are under suspicion in China.
"Sometimes we ask ourselves if we have lost the battle," said one such source . ".
"I think this guy is just part of a big network.
"After looking at hundreds of pages of corporate, legal and land documents related to Kevin Sun, visual metaphors help focus on pictures.
Spinning around the Sun is a key figure with high-rise potential, a luxury residence and a Vancouver Metro property.
Residents, homes and land are connected to about 14 investment companies related to Sunshine business.
If Kevin Sun is the center of this financial solar system, the planets around which he runs are connected in a highly mobile relationship in which the personal name, company location, and company name and director
In a simple example, Sun's Land Company Qiji has five different variations of names.
Executive Vice President Kim Marsh
IPSA International president and former commander of the RCMP International organized crime investigation team said at the end of the year
Postmedia News and IPSA conducted a long joint investigation: "There are many shocking signs of danger in this case.
"The operation outlined in this case is similar to some operations that use the Canadian real estate market to launder money," Marsh said . ".
"This situation raises a number of issues, including the visa review process, bank compliance, the review of listed companies, and what has happened to various regulators.
"The real estate documents show that investors associated with Kevin Sun own or own more than $100 million in Vancouver Metro residential properties, some of which are associated with Sun Investment.
B. Over $0. 5 billion, according to land records. C.
The property has been bought and sold through companies related to Sun.
In addition, it is alleged that Kevin Sun's company, SunOil, claimed during a meeting with B's immigrant investorsC.
Provincial nomination program with more than $1
According to an operation by B. , North America has billions of oil and gas reserves. C. Supreme Court.
Kevin Sun established Sun business in September 2013 and made De xue guodirector.
According to the company's records, De xue Guo changed his name to Guo when he joined Sun xucial.
Guo Weisen is listed as the owner of 6050 Premier Avenue. , a $2. 5-
Million UBC Area duplex apartment purchased in 2010.
The SunCom staff said Guo, the president and CEO of SunCom, did not answer questions from the media.
Oakridge center Realtor Dennis she and many of the properties and companies registered under her name are the center of Kevin Sun real estate investment.
Denise Den, she's called "dragon-
Qiji principal Kevin Sun's "friends and business partners" in legal documents are the owners of 3899 Cartier St, a $12. 9-
Millions of properties in Shawnee West, Vancouver.
Among her many Vancouver Metro real estate companies, Denise she06, her investment company, invested 7000-
Block River Road in Richmond.
More sunshine partners include SunOil Ltd.
5104-director Haifeng Zhu, owner of the listing
1128 West Georgia Street, a $3-Million Shangri-La
La Estates penthouse in downtown Vancouver.
The penthouse is associated with the disputed SunCom Property flip on Nelson Street in Vancouver in company documents and is also listed as the company address of Sun Commercial director Hui Zhenfei.
SunCom's former deputy
Ms. Liua former top B. C.
Real estate agents in SunCom ads claiming to have sold $0. 56 billion worth of luxury homes from 2009 to 2014-
It is one of the investors at bennabee 2014 SunCom Land Conference and mail in Chen, her business partner.
Chen Meilin, a former Nanjing duck farmer, and his investment company Chunhua owned or flipped 13 properties in B. C.
Chen has had $51 since 2009. 8-
Million point gray mansion
SunCom associates and investors bought 6695 Dunblane Street. , a three-
Storey Metrotown apartment building for $9. 36 million.
Dunblane's property was flipped for $12.
February 30, 2016-
More than $4 million in value
To Transca Development Co. , Ltd.
A company established in November 2015
Authorized issuance of Transca of preferred shares valued at $100-
According to the file, it is currently 35-to 40-
Floor tower of the hotel.
In addition to conducting an investigation into Sun Hongwei's business, China business magazine Caijing also published some questions about
In a 2008 confidential report sent to the United States, Jilin's deep-rooted corruption was cited. S.
Central Intelligence Agency
Introduce "popular" rot by "hard
The report said: "All kinds of people in northeast China lament that official corruption is the fact of life here.
Jilin province was the worst hit.
One of the corruption cases involved $130.
Million bank fraud in northeast Jilin and neighboring Harbin, manager of Alpine branch of Bank of China Co. , Ltd.
Co-conspirators, businessmen Li dongze, brother Li Donghu of dongze.
Companies including the Northeast Highway
A company with a highway took money from a bank branch in Changchun city.
When bank auditors found a shortage of funds, the three fled to Vancouver in 2004 to reunite with their families.
China asked the RCMP to help them return home.
Gao and Li dongze were eventually persuaded to surrender to Chinese police for fraud and forgery.
Other suspects in the case were charged with extortion, bribery and drug trading.
According to Chinese newspapers, Li dongze tried to bribe and extort Chinese officials while hiding in Vancouver before returning home in 2012.
Li dongze, Li Donghu and Gao Shan have all been convicted and jailed in China.
In general, confidential AmericaS.
The government report paints a depressing picture of Jilin's life.
10 senior judges in the province have been prosecuted for alleged corruption
According to the report, more than 2000 Americans, as well as many top politicians, police officers and heads of state --Own company.
Several people involved in northeast highway fraud committed suicide and the head of the company was sentenced to death.
The report also said that collusion between the police and the Chinese mafia was common in Jilin.
Ipsa is a company that cooperates with foreign governments and banks to investigate financial fraud and recover offshore funds.
The company employs an international investigator and works with the government and banks to improve fraud detection networks and compliance.