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Philippines resident added to forfeiture case that alleges money laundered through Salt Spring Island property

May 17, 2021 – A new defendant has been added to a civil lawsuit launched by the province seeking forfeiture of a Salt Spring Island, B.C., property that the government alleges was linked to a $200 million-plus international stock fraud.

In a consent order filed May 10 in B.C. Supreme Court, which is agreed to by both parties, Philippines resident Jay Lee was added as a defendant.

Other defendants in the case include Skye Lee, also known as Geordie Lee; Alicia Lee (spouse of Skye), Beresford Estates, which owns the $2.6-million Salt Spring Island property and Vincent Manalastas, the sole director of Beresford Estates, believed to be living in the Philippines.

The May 10 filing says Jay Lee, whose occupation is unknown and is believed to live in the Philippines, is the sole registered shareholder of Beresford Estates.

It’s not clear what, if any, family relationship exists between Skye Lee and Jay Lee. Vancouver Sun reports. | READ MORE