Topic: Tainted Alt Currency: How to Laundry Kickbacks & Drug Loot (Read 550 times)
In the title of this thread, I purposely refer to fiat as the alt currency.
Dirty laundry: Should casinos be responsible for knowing where the money comes from?
Quote
The potentially laundered money came from a former Fry’s Electronics executive (Ausaf Umar Siddiqui) and a Chinese-born Mexican businessman (Zhenil Ye Gon). Siddiqui was jailed for accepting illegal kickbacks; Ye Gon was indicted on drug trafficking charges. They both liked to gamble at Adelson’s properties.
Frankly, I just find this a bit of Bullshit. Money is money. By forcing people to find out where it came from just makes it harder for startups to get off the ground (Such as Bitcoin Casinos) and raise operating costs.
Dirty laundry: Should casinos be responsible for knowing where the money comes from?
Quote
The potentially laundered money came from a former Fry’s Electronics executive (Ausaf Umar Siddiqui) and a Chinese-born Mexican businessman (Zhenil Ye Gon). Siddiqui was jailed for accepting illegal kickbacks; Ye Gon was indicted on drug trafficking charges. They both liked to gamble at Adelson’s properties.
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