B.C. government going after millions in assets linked to Downtown Eastside pot shop

  • 📰 VancouverSun
  • ⏱ Reading Time:
  • 48 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 23%
  • Publisher: 61%

Property Property Headlines News

Property Property Latest News,Property Property Headlines

To residents of the Downtown Eastside, the Blue Door offered cheap cannabis to poor people dealing with chronic health problems. To police and the B.C. government, the people behind the storefront at 151 Hastings St. profited off illegal pot sales for more than a decade and used the proceeds to buy millions of dollars in real estate.

To police and the B.C. government, the people behind the storefront at 151 Hastings St. profited off illegal pot sales for more than a decade and used the proceeds to buy millions of dollars in real estate.Start your day with a roundup of B.C.-focused news and opinion delivered straight to your inbox at 7 a.m., Monday to Friday.By clicking on the sign up button you consent to receive the above newsletter from Postmedia Network Inc.

“At all material times, S. Bauman and D. Bauman received, directly or indirectly, material and or financial benefit from the Real Compassion Society’s operations,” the director said. There were “signs taped to a glass partition on the front counter indicating cash only and the prices of various cannabis products for sale and two ATMs and one Bitcoin machine,” the documents said. “The money was bundled or packaged in a manner not consistent with standard banking practices.”Article content

Four condos listed in the lawsuit and purchased in Vancouver in recent years have current assessments ranging from $303,000 to $1,535,000. There are also four other Bauman properties in Chilliwack sought for forfeiture that range in value from $594,000 to $1,389,000.Article content Neither of the Baumans could be reached for comment. No statements of defence have yet been filed. Shannon Bauman did not respond to a message sent through Facebook.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 49. in PROPERTY

Property Property Latest News, Property Property Headlines