Ginnetti murder suspect in Washington:

A HOLLYWOOD man
charged with the mob-style
execution of West Vancouver t;

promoter Ray Ginnetti is cur-* |

rently in jail. for another‘
offence in the United States.

By Brent Mudry
Contributing Writer

Jose Raul Peres-Valdez is now
serving a four- to six-year term in
Washington State, the News has
learned from sources familiar with
© the man. ¥v

The nature of his offence is not
yet known.

Peres-Valdez, 31, was named as
a suspect in the Ginnetti killing on
June 1! by the. West Vaticouver
Police. s

The police. have kept a firm fid’
on details of the charges, releasing
little more. than the suspect’ 's name,”
age and home town.’

The charge marks a major break
in a case that. has;dogged senior
police investigators . for the five
~ years since Ginnetti’s slaying.

,Ginnetti, 48, was’ killed on May ©

GVRD 1 must adeirgs'the i issue.

, It’s nothing to-bealarmed about, but it’s ‘nothing to

be complacent about ‘ither,” he said.

Morse said’a combination of new techniques to con-

9, 1990, at his luxury home in
Caulfeild Plateau around luneh

Aime.

wHe was executed with a single
bullet to the back of the head.

Ginnetti's wife found her hus-
band's body at about 2 pum., stuffed
in the closet of. their Almondel!
Court home. Police found no signs
of a struggle or forced entry,

Ginnetti’s life and death sparked
much speculation of organized
crime links, . cae

He started: by- hustling used cars
on Kingsway and investing his earn-
ings in high-interest loans. He grad-
uated to Howe Street and the-world
of Vancouver stock promotions.

Ginnetti later discovered the

‘lucrative ‘and controversial industry

of re-selling B.C. lottery. tickets off.
shore.

After work, he dwetled i in: night-
clubs and made lasting friendships
with many ‘local Hell's Angels
motorcycle buffs... +. al

Ginnetti's short, colorful life was
punctuated by several memorable ;
incidents. ;

The year before’ his death, -he ’
brawled with Hollywood actor/Sean :

Penn, Madonna's love, interest. ait the

neepalt

tine, Robert De Niro appeared from
a nearhy table to convince the pair
of peace,

Another-timey B.C) Securities

‘Commission iavestigators raided a

downtown Vancouver phone room,
Inside, high. pressured pitel-men
sold stock to novice investors by
dialling for dotlars,

A vault search revealed $50,000

‘in cash in a-brown bag, Ina quick

and ..-well-coordinated = move,
Ginnetti's: partner grabbed the bag
and threw it out the window,

Ginnetti, by this time at street
level, picked up the money bag four
stories below.

At his 1990 funeral, 400 friends
and . associates paid their last
respects, including over a dozen
Hell's Angels. Many look forward
to finding out the true story behind
his cold-blooded killing.

They may have to wait for sonic
time,’ ;

Unless Peres- Valdez: voluntarily
agrees to return to Canada to face
charges, he must be extradited from
the U.S. ; us

Most contested: extraditions take
many months ‘and,’ in: some cases,
© Years, before suspects: are sent back.

“ultimate ccictusion: oil e a “piping

"That, said Morse, isa worst- “case scenario, ©
“We waiit to attend to it before it becomes an issue,”
he said,’ adding the problem is not urgent. ;

trol seepage: “and {an“increasing seepage problem have
caused the GVRD:to study a long-term solution to stop
Seepage...
- The studies hich could take up to two years, will
identify the most effective way to cut seepage...
“That. will .determine “What~‘technology is needed,
» which will affect the final cost, said Morse. -
. “A GVWD report dated April 3 21, 1995, ‘states the east
“end of Cleveland Dam is embedded in a deep buried val-
~ dey: that forms a. natural earth dam known as thé East.

| The ‘serni-pervious abutmien has allewed the “seep

ecping ,wate carries the 's
“psceam erosion that aye reaches the dam.

In Memoriam -

“have been ‘moderately successful” —
- during the ‘late:: 1950s ‘and early..1960s, said the. Water

By re ate the seepage onty water will escape,

urs beneath: the. Capilano Dam parking
Capilano Road and beyond, Morse said.
The GVRD, said work to fix the seepage could take
at least two years... he
Measures to control the seepage — “some of which
. were putin place

ort; Between the, mid-1960s and 1991,
improvements’ or. additions were made to the: seepage
control system: In'1992; work on the integrity of exist-

"ing drainage’ tunnels and. ‘upgrading to the wnne' seep-

age control works" improved the structures.

‘Captain an Williams
Died in the line of Duty —

June 18th, 1985

RS Eee

flames mi may tage

yt pe
my calling ‘and give the’ ‘best ini me. to guard mr
ry ‘neighbo id protect his property,
And if according to your: ‘will ! have to lose r my
fe Please. bless with your protecting hand my’
‘children, and my. ife,

from the District of
- North Vancouver
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