Executive Summary
- Canadian police arrested Rasheed Pascua Hossain, an alleged money launderer for Ryan Wedding’s criminal enterprise.
- Ryan Wedding remains on the FBI’s Ten Most Wanted list with a $15 million reward for his capture.
- A new informant is cooperating with the FBI regarding the 2025 murder of a witness in Colombia.
- Federal prosecutors allege Wedding’s organization is responsible for large-scale cocaine trafficking and multiple homicides.
Canadian law enforcement authorities have arrested Rasheed Pascua Hossain, an alleged key associate of fugitive former Olympian Ryan Wedding, in connection with a transnational drug trafficking and money laundering investigation led by the Federal Bureau of Investigation (FBI). The arrest marks a significant escalation in the manhunt for Wedding, who is accused of leading a violent criminal enterprise.
Hossain, a 32-year-old resident of Vancouver who allegedly operated under the alias "JP Morgan," was detained on Friday based on a U.S. arrest warrant issued last month. According to the federal criminal indictment, Hossain is charged with conspiracy to distribute and possess with intent to distribute cocaine, conspiracy to export cocaine, and conspiracy to launder monetary instruments. Prosecutors allege that Hossain was responsible for managing and laundering drug proceeds generated by the "Wedding Criminal Enterprise."
Ryan Wedding, a former snowboarder who represented Canada at the 2002 Winter Olympics in Salt Lake City, remains at large. The FBI added Wedding to its Ten Most Wanted Fugitives list in March, offering a $15 million reward for information leading to his capture. Federal authorities accuse him of orchestrating a billion-dollar drug smuggling operation and directing several murders. In public statements, FBI Director Kash Patel has compared the scope of Wedding’s alleged operations to those of Pablo Escobar.
According to court documents cited by the CBC, the FBI has secured the cooperation of a new confidential informant who admitted to trafficking drugs with Wedding and assisting in multiple murders. This informant has reportedly agreed to aid U.S. authorities, specifically regarding the January 2025 murder of Jonathan Acebedo-Garcia in Medellin, Colombia. Acebedo-Garcia was allegedly a witness for the FBI; the indictment states that following the murder, Wedding sent photographs of the victim’s body to associates, boasting that he had eliminated "the rat."
International Investigative Outlook
The arrest of Hossain represents a critical breach in the support network surrounding Wedding, highlighting the effectiveness of coordinated efforts between Canadian police and U.S. federal agents. The cooperation of an insider witness with knowledge of specific violent acts suggests that prosecutors are solidifying the capital charges against the enterprise’s leadership. As the net tightens, investigators will likely focus on tracing the financial trails managed by alleged accomplices to locate the fugitive Olympian. It is important to note that all individuals named in the indictment, including Hossain and Wedding, are presumed innocent until proven guilty in a court of law.
