Developer Helen Chan Sun is the sole shareholder of a company that holds title to hundreds of millions of dollars worth of Lower Mainland real estate.
But the multimillionaire will spend the next 40 days in a jail cell after repeatedly ignoring B.C. Supreme Court orders to come clean with a creditor about her finances.
A frustrated judge ordered sheriffs to take the 49-year-old off to jail Friday to start serving a sentence for civil contempt he suspended last November in order to give Sun a last chance to comply with his orders to fully account for her income and expenditures.
But instead of meeting the very deadlines for avoiding incarceration that she had a hand in negotiating, Justice Richard Fowler said Sun appeared once again to have been less than forthcoming about her financial dealings, luxury cars and spa treatments.
„Her conduct throughout these proceedings has been nothing short of reprehensible,“ Fowler said. „Having failed to comply with the order I made … Ms. Sun must now begin serving that jail sentence. Ms. Sun you will now be taken into custody to serve 40 days of imprisonment for contempt of court.“
lolwut778 on
My guess is she’s a money launderer for the rich in China to move their assets out of the country. She rather go to jail than disclose her financial sources or clients because they’re the ones paying her bills.
OptiPath on
So, She clams cash poor but has been spending $500k a year on luxury goods and don’t pay back the creditors
Make her stay in jail for 400 days.
Levorotatory on
The penalty should be asset seizure, not jail time. Those hundreds of millions of dollars of lower mainland real estate should now be property of the province of British Columbia, pending forensic accounting and possible transfer to creditors.
CreatingDestroying on
The post judgement process in BC is so ridiculous.
There was supposed to be a new judgement act that would make this easier in BC. But the NDP has delayed the process for many years now.
This being implemented would’ve avoided all of this and added transparency to this process.
Chromaticism on
That’s too bad. She should have been a billionaire instead.
ghost_n_the_shell on
Why not ban foreign ownership?
Permanently.
Zulakki on
could it be that 40 days is nothing against what they’d find out if she actually handed over her financial records? If anything, i’d bet she goes into hiding the moment she’s released
untitledaccount401 on
good ol slap on the wrist
Revan462222 on
It’s pretty clear she does not care and this won’t keep her from doing it again. She literally helped negotiate the original delay, didn’t meet what was asked of her, then was on her phone most of the hearing. -_-
DataDude00 on
>Developer Helen Chan Sun is the sole shareholder of a company that holds title to hundreds of millions of dollars worth of Lower Mainland real estate.
As someone who works in banking, how was this not flagged for money laundering forever ago?
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Developer Helen Chan Sun is the sole shareholder of a company that holds title to hundreds of millions of dollars worth of Lower Mainland real estate.
But the multimillionaire will spend the next 40 days in a jail cell after repeatedly ignoring B.C. Supreme Court orders to come clean with a creditor about her finances.
A frustrated judge ordered sheriffs to take the 49-year-old off to jail Friday to start serving a sentence for civil contempt he suspended last November in order to give Sun a last chance to comply with his orders to fully account for her income and expenditures.
But instead of meeting the very deadlines for avoiding incarceration that she had a hand in negotiating, Justice Richard Fowler said Sun appeared once again to have been less than forthcoming about her financial dealings, luxury cars and spa treatments.
„Her conduct throughout these proceedings has been nothing short of reprehensible,“ Fowler said. „Having failed to comply with the order I made … Ms. Sun must now begin serving that jail sentence. Ms. Sun you will now be taken into custody to serve 40 days of imprisonment for contempt of court.“
My guess is she’s a money launderer for the rich in China to move their assets out of the country. She rather go to jail than disclose her financial sources or clients because they’re the ones paying her bills.
So, She clams cash poor but has been spending $500k a year on luxury goods and don’t pay back the creditors
Make her stay in jail for 400 days.
The penalty should be asset seizure, not jail time. Those hundreds of millions of dollars of lower mainland real estate should now be property of the province of British Columbia, pending forensic accounting and possible transfer to creditors.
The post judgement process in BC is so ridiculous.
There was supposed to be a new judgement act that would make this easier in BC. But the NDP has delayed the process for many years now.
https://news.gov.bc.ca/releases/2023AG0033-000634
This being implemented would’ve avoided all of this and added transparency to this process.
That’s too bad. She should have been a billionaire instead.
Why not ban foreign ownership?
Permanently.
could it be that 40 days is nothing against what they’d find out if she actually handed over her financial records? If anything, i’d bet she goes into hiding the moment she’s released
good ol slap on the wrist
It’s pretty clear she does not care and this won’t keep her from doing it again. She literally helped negotiate the original delay, didn’t meet what was asked of her, then was on her phone most of the hearing. -_-
>Developer Helen Chan Sun is the sole shareholder of a company that holds title to hundreds of millions of dollars worth of Lower Mainland real estate.
As someone who works in banking, how was this not flagged for money laundering forever ago?