Latest News

Casino mogul faces arrest over financial fraud

Philippine casino mogul faces arrest over financial fraudReading Time: 1 minute

 

Kazuo Okada, the top-notch casino honcho in the Philippines, is reportedly facing arrest in the Philippines over a case for misappropriating over $3 million from his own former casino Manila. The Philippine Department of Justice has issued an arrest warrant against him.

The charges are that Okada either by mistake or fraud Okada took the funds in salary or consultancy fees that were not known by Tiger Resorts and were given by the former President of Tiger Resorts.

The exact whereabouts of Okada is not known. It is not even clear whether he is in the Philippines or elsewhere. For the record, Okada has always denied any wrongdoing.


Source: Latest News on European Gaming Media Network
This is a Syndicated News piece. Photo credits or photo sources can be found on the source article: Casino mogul faces arrest over financial fraud

George Miller began his career in content marketing before joining the HIPTHER team in 2016 as an Editor and Content Manager. His ability to distill complex regulatory data into newsworthy B2B content led to his appointment as Head of Content in 2017.…

Related Posts

Load More Posts Loading...No More Posts.

We are constantly showing banners about important news regarding events and product launches. Please turn AdBlock off in order to see these areas.