The FBI captured a man wanted for his alleged role in money laundering for a drug-trafficking enterprise led by Olympian turned alleged drug kingpin Ryan Wedding, according to authorities and reports.
Rasheed Pascua Hossain, who went by the alias “JP Morgan,” was arrested on Friday by the Royal Canadian Mounted Police, according to the Canadian Broadcasting Company.
The FBI’s profile for Hossain, 32, was updated to say he had been “captured.” Federal court records for Hossain, including whether he had retained an attorney, were not immediately available.
He now faces charges in the US related to cocaine trafficking and money laundering, according to the FBI.
Hossain allegedly managed and laundered the drug proceeds from the mammoth drug trafficking enterprise run by Wedding, according to a US federal grand jury indictment from October.
The FBI did not immediately respond to The Post’s request for comment on more details of Hossain’s arrest.
US Attorney General Pam Bondi announced on Wednesday that Wedding, who competed for Canada as a snowboarder at the 2002 Winter Olympics, has been accused of ordering a hit on a federal witness by publishing pics of him online.
He allegedly shared the photographs of a witness who was due to testify against him on a now-deleted website called “The Dirty News,” after he was indicted in 2024, Bondi said.
The witness was then gunned down in a restaurant in Medellin, Colombia, on Jan. 31, according to the feds.
Bondi described Wedding as in charge of “one of the most prolific and violent drug-trafficking organizations in this world.”
The failed snowboarder turned drug kingpin allegedly smuggled 60 metric tons of cocaine into the US every year via semi trucks crossing into Southern California from Mexico, prosecutors said.
Ten defendants have been arrested, and 11 total are in custody following a slew of arrests on Tuesday in an investigation into January’s murder of a federal witness known as “Operation Giant Slalom.”
They include seven Canadians, one Colombian, and a 36-year-old from Orlando, FL, who is a legal permanent resident of Colombia.
Wedding, who is believed to be living in Mexico and working alongside the Sinaloa Cartel, is still on the lam.
The reward for his capture was upped to $15 million from $10 million on Wednesday by the State Department.
Authorities are still searching for Mexican national Bianca Canastillo-Madrid and Tommy Demorizi, a Montreal resident believed to be hiding out in the Dominican Republic, according to the FBI.
“The murder of a witness in Colombia earlier this year was a cruel, cold-blooded act that could not and did not go unanswered,” First Assistant United States Attorney Bill Essayli of the Central District of California said at a press conference on Wednesday.
“This week’s arrests underscore our resolve to root out and punish the wrongdoers involved in this criminal organization and serve as a warning for drug lord Ryan Wedding: If convicted, you will never see the outside of a prison ever again,” he added.
