Biography & Early Wealth Journey

Connecticut State Police via Getty Images

During the search of Ho's house, police found 13 grams of cocaine and 13 guns. In the jump over the fence, the woman fractured her heel and tore her Achilles tendon. Her injuries required surgery.

Now, the Toronto Star and CBC are reporting that, contrary to its stated policies on accepting clients, Mossack Fonesca accepted Ho even when his background check turned up the disturbing information about the serious and salacious charges pending against him.

Primary Income Streams & Multi-Million Contracts

The new leak from the Panama Papers brings Ho's troubled past back to the surface. The Canadian citizen is originally from Hong Kong. In 2005, he was named the "Businessman of the Year" by the Vancouver Junior Board of Trade. He is the grandson of Ho Ying Chie, the former owner of Hong Kong Tobacco Co. Besides the drug and prostitution charges, Ho is best known for founding Harmony Airlines in 2002. The airline went out of business in 2007.

Ho's attorney stated in part that the offshore corporation used by his client (Harmonyworld Investment Co. Ltd.) had no connection to the offenses which his client had been charged.

In April, Canadian Minister of Finance, Bill Morneau, vowed to crack down on offshore tax havens used by Canadians.