Multiple arrests in Macau have caused consternation in the stock market. Alvin Chau, head of Suncity Group, is accused of cross-border gambling. Suncity is famous for organizing junket tourism for the purposes of gambling. MACAU – Multiple people have been arrested for alleged money laundering and cross-border gambling in Macau. Alvin Chau, a prominent gambling figure … Read more
The Bicycle Hotel & Casino will pay $500,000 to the Department of Justice. This payment is due to the casino allowing incorrect suspicious activity reports to be filed. Over the course of eight months, the casino had a customer handle over $100 million, and reported them incorrectly. BELL GARDENS, Calif. – The Bicycle Hotel & … Read more
An unidentified Spaniard woman faked her kidnapping to gain ransom money for bingo. The woman was requesting $7,000 to be set free. BARCELONA – In what was a sick, yet creative scheme, an unidentified middle-aged Spaniard woman is being charged with faking her kidnapping to receive a ransom to play bingo. The husband of the … Read more
SBTech is suspected to be a front company for criminal activity. The SEC has requested documents from DraftKings following the allegations. LAS VEGAS – Sports betting giant DraftKings was recently accused of ‘black market operations, false and misleading statements and/or failures to disclose information by short-seller Hindenburg Research. The SEC is now investigating matters further. … Read more
Former Florence County Sheriff’s Deputy Mark Edward Fuleihan has been sentenced to federal prison. Fuleihan helped members of an illegal gambling operation escape law enforcement. He has additional charges pending at the state level. FLORENCE, S.C. – Former Florence County sheriff’s deputy Mark Edward Fuleihan was sentenced to federal prison after being charged with helping a … Read more
A Las Vegas Man robbed a casino cage for $10,000 in chips. The man was swiftly apprehended via a combination of silent alarm systems and surveillance. He is expected to appear in court in June 14, 2021. LAS VEGAS – A Las Vegas man has been arrested after robbing a casino cage with a threatening … Read more
A New Jersey man stole identities to open more than 1800 online gambling accounts. The man also committed other financial crimes, such as fraudulently applying for unemployment. Police arrested the man on May 14, 2021. AUDOBON, N.J. – A New Jersey man is accused of stealing identities to open more than 1800 online gambling accounts. … Read more