Caesars fined $9.5m over anti-money laundering failures

C

CMNewsHound

Guest
From Reuters a couple days ago:

"The U.S. Treasury Department's anti-money laundering unit on Tuesday fined Caesars Entertainment Corp's flagship Las Vegas property $8 million for failing to properly police transactions for illicit activity.

"Caesars Palace failed to report suspicious activity involving high-roller clients in the United States and at branch offices in Asia, Treasury's Financial Crimes Enforcement Network (FinCEN) said.

"On the heels of FinCEN's announcement, Nevada Gaming Control Board Chairman A.G. Burnett announced..."​

Read the full story here:
You do not have permission to view link Log in or register now.
 
Top