Financial Fraud

Olympic Casino Faces €8.4 Million Fine Over Embezzlement Case

Johnny K.
Lithuania, Latest Casino and Gambling News, Gaming Law & Legislation, Online gambling regulation, World Casino News, Gaming Industry News, European Casino News, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Lithuania's Olympic Casino Group Baltija has been slapped with a substantial €8.4 million fine following a major investigation into its operations by the country’s Gaming Control Authority. The fine relates to ...

Ippei Mizuhara Sentenced for Stealing $17 Million from Shohei Ohtani to Fund Gambling Debts

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, U.S.A., MLB, Gaming Industry News, Economy/Finance, Employment & Careers, Sports betting, Crime, Financial Fraud, Fines, Lawsuits & Litigation
Ippei Mizuhara, the former interpreter for Los Angeles Dodgers star Shohei Ohtani, has been sentenced to 57 months in federal prison after admitting to stealing nearly $17 million from the baseball superstar. T...

Former Bamban Mayor Alice Guo Charged with 62 Counts of Money Laundering Linked to POGO Scandal

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Money Laundering, Crime, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
Former Bamban, Tarlac Mayor Alice Guo, alongside 31 co-defendants, now faces a total of 62 money laundering charges. The charges stem from their involvement in an illicit Philippine Offshore Gaming Operator (PO...

China Strengthens Cooperation with ASEAN to Combat Online Gambling and Telecom Fraud

Vanja Mitic
Latest Casino and Gambling News, Gaming Law & Legislation, Unsavory reports, China, Online gambling regulation, Gaming Industry News, Mobile gaming, Money Laundering, Employment & Careers, Online Gambling News, Crime, Financial Fraud
In a strategic effort to address growing regional security concerns, China has pledged to deepen cooperation with the member states of the Association of Southeast Asian Nations (ASEAN) to combat the rise in on...

Fontana Casino in Clark Ordered to Halt Operations Indefinitely

Vanja Mitic
Casino News, Latest Casino and Gambling News, Gaming Law & Legislation, World Casino News, Casinos of the Philippines, Casino closures, Gaming Industry News, Economy/Finance, Fines, Lawsuits & Litigation, Financial Fraud, Philippines
The Clark Development Corporation (CDC) has issued a cease-and-desist order against Fontana Development Corporation (FDC) and Fontana Resort and Country Club Inc. (FRCCI), halting all operations of the Fontana ...

Turkey Cracks Down on Illegal Gambling with Influencer Arrests and Nationwide Raids

Vanja Mitic
Turkey, Latest Casino and Gambling News, Gaming Law & Legislation, Gaming Industry News, Mobile gaming, Unlicensed Operation, Online Gambling News, Crime, Fines, Lawsuits & Litigation, Financial Fraud
Turkey's determined efforts to combat illegal betting and financial crimes have led to the detention of dozens of individuals, including prominent social media influencers. Coordinated nationwide operations unv...

China and Macau Intensify Crackdown on Illicit Foreign Exchange Syndicates

Johnny K.
Gaming Law & Legislation, Latest Casino and Gambling News, World Casino News, China, Gaming Industry News, Money Laundering, Unlicensed Operation, Asian Casino News, Macau, Crime, Financial Fraud
Mainland China and Macau have joined forces to crack down on illegal foreign exchange operations and related crimes, dismantling 263 syndicates and identifying illicit funds exceeding RMB800 billion (approximat...