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HomeBusinessCocaine kingpin Ryan Wedding’s alleged money manager appears in Vancouver court

Cocaine kingpin Ryan Wedding’s alleged money manager appears in Vancouver court

Bob Mackin

The Vancouverite wanted in the United States for allegedly managing millions of dollars for Ryan Wedding’s cocaine ring made a short appearance in B.C. Supreme Court on Nov. 26.

Rasheed Pascua Hossain, 32, came before Justice Veronica Jackson via video.

Hossain’s lawyer, Rahul Nanda, confirmed a Dec. 4, hour-long bail hearing and he asked for Hossain to be brought to the courtroom.

Ryan Wedding. (FBI)

Maya Inuzuka is the federal Crown prosecutor on behalf of the U.S.

A U.S. federal arrest warrant was issued Oct. 28 for Hossain in the Central District of California after he was charged with conspiracy to distribute and possess with intent to distribute cocaine, conspiracy to export cocaine and conspiracy to launder money instruments.

Hossain’s current custody location was not mentioned, but he had previously been locked-up in Richmond.

Hossain made his first appearance before Justice Michael Tammen on Nov. 21.

The U.S. indictment said Hossain, who goes by the aliases “Sheed,” “JP Morgan” and “JP,” managed and laundered drug proceeds for the former Olympic snowboarder, “by concealing their drug trafficking proceeds and by using those proceeds to facilitate and further the objectives of the enterprise.”

The FBI has offered a $15 million reward for information that leads to the arrest of 44-year-old Wedding, who works with Mexico’s notorious Sinaloa cartel.

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