Caesars Entertainment Money Laundering Allegations Could Cost Operator Millions in Fines

Caesars Entertainment Money Laundering Allegations Could Cost Operator Millions in Fines Caesars is probably to pay a superb of between $12 million and $20 million for failing to implement proper anti-money laundering measures at their flagship Las vegas, nevada property. Caesars Entertainment Corp. could be subjected to millions of dollars in fines as the organization attempts to settle money laundering allegations it faces from the authorities. The video gaming operator is in talks with US authorities over how exactly to settle the claims, which could lead to a fine somewhere into the array of $12 million to $20 million. Talks, which have been conducted involving the Financial Crimes Enforcement Network (FinCEN) of the US Department of the Treasury, were most recently held on April 29 and were revealed into the business's latest Securities and Exchange Commission filing. A federal jury that is grand in to the allegations normally ongoing. 'The company and Caesars Palace happen fully...
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