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Casino junket operators ‘exploited, infiltrated’ by crime syndicates, foreign spies – Sydney Morning Herald

Tax evasion, visa misuse, links to sanctioned entities and possible corruption are among the activities uncovered by financial crime watchdog Austrac.



Money launderers were also exploiting casinos’ reliance on junket operators to launder dirty funds through casino bank accounts and high-roller rooms.
Junkets bring wealthy Chinese high rollers to overseas casinos and extend them credit with which to gamble, circumventing Beijing’s tight capital controls. They have become an important part of Crown Resorts and Star Entertainment’s businesses in recent years.
Junket operators have been a focus of this year’s explosive NSW Independent Liquor and Gaming…

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