las vegas sands corp to pay 474m to federal government
Last Updated : GMT 18:26:54
Arab Today, arab today
Arab Today, arab today

Las Vegas Sands Corp. to pay $47.4m to federal government

Arab Today, arab today

Arab Today, arab today Las Vegas Sands Corp. to pay $47.4m to federal government

Las Vegas - UPI

The Las Vegas Sands Corp. will pay about $47.4 million to settle an investigation into suspicious deposits by a high-stakes gambler, authorities said Tuesday. The U.S. attorney\'s office said under the agreement, the operator of the Venetian and Palazzo resorts will pay the federal government the money within 10 days for failing to alert authorities the gambler, who was linked to international drug trafficking, had been making large and suspicious deposits with the company, WLAS-TV, Las Vegas, reported. In return, federal prosecutors won\'t prosecute the company, which cooperated with the investigation. \"What happens in Vegas no longer stays in Vegas,\" U.S. Attorney Andre Birotte Jr. of the Central District of California said. \"For the first time, a casino has faced the very real possibility of a federal criminal case for failing to properly report suspicious funds received from a gambler. This is also the first time a casino has agreed to return those funds to the government. \"All companies, especially casinos, are now on notice that America\'s anti-money-laundering laws apply to all people and every corporation, even if that company risks losing its most profitable customer.\" The gambler under scrutiny was identified as Zhenli Ye Gon, who in 2007 was \"the largest all-cash, up-front gambler the Venetian-Palazzo had ever had to that point,\" the settlement agreement stated. In March 2007, authorities raided Ye Gon\'s Mexico City home and seized about $207 million, a record amount. Ye Gon was indicted in the District of Columbia on federal narcotics charges, but that case was dismissed in 2009, WLAS-TV said. Ye Gon is facing extradition to Mexico, where he is charged with drug trafficking. Las Vegas Sands officials had been unaware of Ye Gon\'s alleged criminal activities prior to March 2007 but conceded in hindsight there was reason to have been suspicious of his transactions.

arabstoday
arabstoday

Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

las vegas sands corp to pay 474m to federal government las vegas sands corp to pay 474m to federal government

 



Name *

E-mail *

Comment Title*

Comment *

: Characters Left

Mandatory *

Terms of use

Publishing Terms: Not to offend the author, or to persons or sanctities or attacking religions or divine self. And stay away from sectarian and racial incitement and insults.

I agree with the Terms of Use

Security Code*

las vegas sands corp to pay 474m to federal government las vegas sands corp to pay 474m to federal government

 



Arab Today, arab today
Arab Today, arab today Jordanian woman reveals her project

GMT 00:46 2017 Saturday ,11 November

Jordanian woman reveals her project
Arab Today, arab today Japanese regulators raid Airbnb

GMT 00:44 2017 Monday ,20 November

Japanese regulators raid Airbnb
Arab Today, arab today Keep kids busy at Thanksgiving gatherings

GMT 11:14 2017 Friday ,10 November

Keep kids busy at Thanksgiving gatherings
Arab Today, arab today Saudi, Bahrain target Iran

GMT 00:48 2017 Monday ,20 November

Saudi, Bahrain target Iran
Arab Today, arab today Europe turns on Facebook, Google

GMT 02:26 2017 Monday ,20 November

Europe turns on Facebook, Google
Arab Today, arab today
Arab Today, arab today
Arab Today, arab today Australian academic's book pulled

GMT 15:20 2017 Monday ,13 November

Australian academic's book pulled
Arab Today, arab today May under Brexit pressure at EU reform summit

GMT 02:14 2017 Saturday ,18 November

May under Brexit pressure at EU reform summit
Arab Today, arab today Delhi half-marathon to go ahead

GMT 03:51 2017 Saturday ,18 November

Delhi half-marathon to go ahead
Arab Today, arab today The history of solar eclipses

GMT 05:16 2017 Sunday ,20 August

The history of solar eclipses
Arab Today, arab today Driverless, electric future just round

GMT 02:45 2017 Monday ,20 November

Driverless, electric future just round
Arab Today, arab today Tesla unveils its all-electric semi truck

GMT 02:59 2017 Saturday ,18 November

Tesla unveils its all-electric semi truck
Arab Today, arab today Mona Abdel Ghany increased artistic activities

GMT 12:15 2017 Friday ,17 November

Mona Abdel Ghany increased artistic activities
Arab Today, arab today paObama climate envoy slams Trump's rejection

GMT 16:04 2017 Friday ,17 November

paObama climate envoy slams Trump's rejection

GMT 12:22 2017 Thursday ,16 November

Hanan Metawe denies apology for “Major Treason”

GMT 11:15 2017 Thursday ,16 November

Angola oil boss sacked by father's protege

GMT 18:41 2017 Friday ,20 October

Designer Aql Faqih aspires to innovation

GMT 11:38 2017 Wednesday ,15 November

Unloved vultures fight for their survival

GMT 11:49 2017 Thursday ,17 August

Egyptian artist presents new collection of designs

GMT 02:28 2017 Saturday ,18 November

Anti-drug operation nets 4 tonnes

GMT 01:34 2017 Friday ,17 November

Banyan Tree Phuket Takes Festive Season

GMT 17:12 2017 Monday ,07 August

Al-Shawaifi reveals secrets of total solar eclipse

GMT 16:53 2017 Tuesday ,05 September

Youssra depended on colored foam
Arab Today, arab today
Arab Today, arab today
 
 Arab Today Facebook,arab today facebook  Arab Today Twitter,arab today twitter Arab Today Rss,arab today rss  Arab Today Youtube,arab today youtube  Arab Today Youtube,arab today youtube
arabstoday arabstoday arabstoday arabstoday
arabstoday arabstoday arabstoday
arabstoday
بناية النخيل - رأس النبع _ خلف السفارة الفرنسية _بيروت - لبنان
arabstoday, Arabstoday, Arabstoday