L’Arc Casino Senior Employee Investigated over Alleged Embezzlement
Macau’s Judiciary Police confirmed on Tuesday that L’Arc Hotel and Casino situated on the Macau Peninsula had reported an alleged embezzlement of a little lower than HK$100 million by way of a senior employee at the gambling place.
L’Arc Casino opened doorways last year and it is one of many fifteen satellite gambling venues operated under a service that is special with Macau-based casino concessionaire SJM Holdings Ltd.
Chan Cho guy, spokesman for Judiciary Police, said at a Tuesday briefing that the way it is ended up being reported by the satellite casino on Sunday and confirmed that the senior employee ended up being certainly being investigated for allegedly embezzling the quantity of HK$99.7 million (US$12.9 million) from L’Arc Casino.
The spokesman further noted that no suspects are arrested yet, but declined to name the staff member that is senior.
Local news reported that the casino at L’Arc was among the business passions of Angela Leong On Kei, a shareholder and Executive Director at gambling operator SJM Holdings. When expected about the ongoing investigation, Ms. Leong told reporters that she was not mixed up in place’s day-to-day operations. She also expressed hopes that the police would act in due manner and would attain quick results.
The statement in regards to the fraud research at the casino that is above-mentioned many months after Macau-based junket operator Dore Entertainment Co. Ltd. reported that a former worker had embezzled millions of dollars through the business’s cage operations. (more…)