Court Denies Bail for Alleged “CFO” of Ryan Wedding’s Drug Empire

By Tax assistant

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Court Denies Bail for Alleged "CFO" of Ryan Wedding’s Drug Empire

In a major blow to the defense, an Ontario Superior Court judge ruled today, February 20, 2026, that Rolan Sokolovski must remain behind bars. Sokolovski, a Toronto-area jeweler, is accused of acting as the primary money launderer for the international cocaine ring led by former Olympian Ryan Wedding.

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The Decision: Why the Judge Said “No”

Despite a defense plea for house arrest and a high-value surety, the court determined that the risks were simply too high.

  • Financial Resources: The judge noted that Sokolovski allegedly controls hundreds of millions in cryptocurrency. This “borderless wealth” makes him a significant flight risk.
  • The “Diamond Tsar” Front: Prosecutors argue Sokolovski used his jewelry business to wash drug money, moving vast sums across borders under the guise of legitimate trade.
  • Public Confidence: The court ruled that releasing a high-ranking member of an organization linked to multiple murders and massive drug trafficking would undermine the integrity of the justice system.

Status Check: The Wedding Organization

PlayerRoleCurrent Status
Ryan WeddingThe BossExtradited to U.S. (Jan 2026)
Andrew ClarkThe “Dictator”In U.S. custody; potential cooperator
Rolan SokolovskiThe Money ManBail denied; awaiting extradition
Deepak ParadkarThe Legal AdvisorOn $5M bail; under strict conditions

What Happens Next?

Sokolovski will remain in a Canadian correctional facility as his legal team prepares for a lengthy extradition battle. The U.S. Department of Justice is seeking to bring him to California to face charges including continuing criminal enterprise and money laundering.

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