Legal , North America
September 9, 2024

Wynn Resorts Settles $130M for Money Laundering Allegations

Wynn Resorts Settles $130M for Money Laundering Allegations

Wynn Resorts Hit with $130 Million Settlement Over Money Laundering Allegations Wynn Resorts has found itself in hot water after a federal investigation revealed its involvement with unlicensed money transmitting businesses to circumvent financial regulations. Facing allegations of money laundering and misconduct, Wynn agreed to a staggering $130 million settlement, marking one of the largest […]

Legal
April 2, 2024

Singapore Convicts in $2bn Gambling Money Laundering Case

Cracking the Code: Singapore’s Landmark $2 Billion Money Laundering Conviction In a decisive strike against financial crime, Singapore has handed down a historic conviction in a staggering $2 billion gambling money laundering case, spotlighting the city-state’s unwavering commitment to financial integrity. The sentencing of Su Wenqiang, a 32-year-old Cambodian national, to 13 months in prison, […]