Adelson’s casino company, Las Vegas Sands Corp., cut its losses this week when it agreed to pay $47 million to the U.S. government to settle a federal money-laundering investigation with ties to a Mexican methamphetamine cartel. In exchange, Obama’s Department of Justice agreed not to prosecute the company for failing to report suspicious activity on the part of Zhenli Ye Gon, a high-rolling customer whose shady money transfers ought to have alarmed casino compliance officials and been reported to authorities.
Posted on: Sun, 30 Mar 2014 17:33:16 +0000
Trending Topics
Recently Viewed Topics
© 2015