HONG KONG — One in every of Macao’s largest prison trials began Friday as former Suncity Group boss Alvin Chau faces a string of fees, together with fraud, cash laundering and unlawful playing, that would see him spend many years in jail if convicted.
Different firm executives have been charged in relation to Suncity’s alleged actions, which authorities have stated cheated the world’s largest gaming hub out of about $1 billion in tax income. They’re accused of serving to Chau run an unlimited prison empire constructed on junkets, a once-thriving enterprise that organized journey and credit score for prime rollers largely from mainland China, the place playing is banned.