Feds Investigate Las Vegas Sands
(Las Vegas, NV) — Authorities are looking into whether Las Vegas Sands and several of its executives violated federal money-laundering laws.
The “Wall Street Journal” reports the U.S. Attorney’s office in Los Angeles is investigating whether the company controlled by billionaire Sheldon Adelson failed to alert authorities about millions of dollars transferred to its casinos by a pair of high rollers. They include a Mexican businessman later accused of drug trafficking, and a former California executive subsequently convicted of taking illegal kickbacks.
A Sands spokesman says the company has not committed any wrongdoing.