Reuters, via Political Carnival:
Las Vegas Sands Corp, controlled by billionaire Republican donor Sheldon Adelson, is the target of a federal investigation into possible violations of U.S. money-laundering laws, the Wall Street Journal reported on Saturday.
The Los Angeles U.S. attorney’s office is looking into the casino company’s handling of the receipt of millions of dollars from a Mexican businessman, later indicted in the United States for drug trafficking, and a former California businessman, later convicted of taking illegal kickbacks, the Journal said, citing lawyers and others involved in the matter… The Journal said there are no indications that actions by Adelson, who is the company’s chief executive officer and largest shareholder, are being investigated.
Gaius has written extensively on this topic,
including this.
