The U.S. attorney’s office in Los Angeles is probing deposits made in the mid-2000s by a Mexican pharmaceutical businessman, later indicted for drug trafficking in 2007, and a California executive with Fry’s Electronics, who later pled guilty to taking illegal kickbacks, the newspaper said.
Chinese-born Mexican businessman Zhenil Ye Gon transferred around $85 million to casinos owned by Sands in the middle of the last decade.
The Justice Department is also investigating more than $100 million in money transfers by another Las Vegas high roller, Ausaf Umar Siddiqui, who was previously a vice president at Fry’s Electronics.
Siddiqui was arrested in 2009 for accepting illegal kickbacks. He pled guilty to the charges and is serving a six-year prison sentence.
Las Vegas Sands Corp. owns the Venetian and Palazzo resorts in Las Vegas, as well as similar resorts in Singapore and Macau. Macau is a former Portuguese colony near Hong Kong.