Macau junket boss Levo Chan jailed for illegal gambling, money laundering

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Macau junket boss Levo Chan jailed for illegal gambling, money laundering
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His conviction comes months after Alvin Chau, the former “junket king” of Macau, was jailed for 18 years. Read more at straitstimes.com.

- Macau’s second-biggest junket boss was jailed for 14 years on Friday for running an illegal multi-billion-dollar gambling ring, local media reported.have coincided with Chinese President Xi Jinping’s anti-corruption drive, which includes closer scrutiny of corrupt officials who might travel to Macau to place bets and launder money.

A panel of Macau judges convicted Chan on 34 counts, including unlawful gambling, running criminal syndicates, fraud as well as money laundering, and sentenced him to 14 years in prison, according to local media reports.

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