Finkelstein – Financial Treason & Crime

Gus McCubbing, 26 May 2021

Crown faced pushback after cutting by half the length of a historical review into the presence of money laundering in its bank accounts, a royal commission has heard.

Provisional results from the review show indications of money laundering as recently as February, an inquiry into whether Crown remains suitable to keep its licence for its Melbourne operations was told on Wednesday. Continue reading “Article: Crown still exposed to money laundering”

05/17/2021

Article: Crown ‘lied’ in Victoria, evidence of money laundering in Perth

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Crown ‘lied’ in Victoria, evidence of money laundering in Perth

Elouise Fowler and Brad Thompson, 17 May 2021

Crown Resorts management “lied” and used delay tactics to stymie an investigation into the 2016 arrests of 19 China-based staff, the Victorian gambling regulator told the Crown Resorts royal commission on Monday.

Timothy Bryant, an investigator at the gambling watchdog, told the Victorian inquiry that Crown’s stonewalling meant it took longer to uncover the truth about the gambling giant’s failure to protect its staff, 16 of whom were jailed for illegally promoting gambling in China.

“I certainly consider that they [Crown], at times, they lied to me at interviews about what they were aware of and what they weren’t aware of,” Mr Bryant revealed to the inquiry, which is examining Crown’s suitability to hold its Melbourne casino licence. Continue reading “Article: Crown ‘lied’ in Victoria, evidence of money laundering in Perth”

03/26/202103/31/2021

Article: ‘A harm-production factory’: Crown casino faces scrutiny over problem gambling

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‘A harm-production factory’: Crown casino faces scrutiny over problem gambling

Ben Butler, 26 March 2021

Triads, shopping bags full of cash, money laundering – if you’ve been following the inquiry into Crown Resorts run by New South Wales authorities, you might think there aren’t many allegations left to be hurled at the casino operator.

But a royal commission into the operation of the James Packer-controlled group’s flagship casino in Melbourne could expose it to fresh attack over a problem its critics have long claimed is rife at the complex: problem gambling.

Opening the inquiry on Wednesday, royal commissioner Ray Finkelstein said there was “no practical utility” in going over the same territory dealt with by the NSW inquiry, which reported to state parliament in February. Continue reading “Article: ‘A harm-production factory’: Crown casino faces scrutiny over problem gambling”

03/24/2021

Article: Commission will probe money laundering

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Commission will probe money laundering

Elouise Fowler, 24 March 2021

The Crown Resorts royal commission in Victoria will probe deeper into whether money laundering is still happening at Crown’s flagship casino at Southbank in Melbourne, says the inquiry head, former Federal Court judge Ray Finkelstein, QC.

Commissioner Finkelstein said he was concerned the gambling giant had not faced up to its role in facilitating the criminal activity through its gaming rooms, as revealed in a scathing NSW inquiry that found the $8 billion company unfit to hold a licence at its new $2.2 billion casino in Sydney.

In his opening remarks on the first day of public hearings, Mr Finkelstein said he wrote to the gambling giant to gauge its “attitude” and to ask whether Crown accepted the findings from the NSW probe. Continue reading “Article: Commission will probe money laundering”