A traditional gambling den, where people from across the province have been coming and betting on cocks’ fight, was gripped with panic on Sunday noon, when an angry gambler pulled out a pistol and shot a man, whose cock had almost won the fight earlier. The den is situated in Ahsanabad Block’s Sector 3, near W-55’s last stop. The gambling had been taking place for a long time there under the alleged protection of Sohrab Goth police. A large number of villages of Sindhi speaking community are situated in the vicinity. The eyewitnesses informed that a local transporter Allauddin’s cock was fighting with another cock of Raja Soomro group, and they had gambled thousands of rupees on it. Suddenly, a quarrel broke out among competing gamblers and one of them pulled out a TT pistol and opened fire on Allauddin, whose cock was about to win the fight.
Police searched Friday for a man suspected of donning a fedora, fake mustache and sunglasses in a stickup that netted more than $33,000 in chips from a Las Vegas casino. It was the second grab-and-run heist in Sin City in two months. In December, a bandit snatched $1.5 million in chips from a craps table at the Bellagio casino then sped away on a motorcycle. Police said Steven Gao, 45, went to the Rio All-Suite Hotel & Casino on Thursday and grabbed the chips from a pai gow poker table. He also pointed a gun at a card dealer who tried to stop him before he escaped in a cab, robbery Lt. Ray Steiber said.
A MAN who stole from the elderly in Housing Board flats by mainly posing as an electrician to get in was jailed for four years on Monday. The other method used by Malaysian Tai Soon Leong, 51, to gain entry into the premises was to break flower pots outside the victims’ homes in a bid to distract them. In total, the victims, aged between 60 and 90 years, lost $331,334 on 113 occasions. The father of two sold the stolen jewellery in Johor Baru, Malaysia or Sungei Road, and used the cash proceeds to gamble at casinos and on board cruise ships.
A GAMBLING addict recruited a Victorian based friend to help with a false invoice scam to rip off nearly $600,000 from his Brisbane based employer, a court heard yesterday. Prosecutor Julie Aylward told the District Court in Brisbane that Leslie Jones had used a persistent and calculated fraud to steal $583,339 from his employer B and R Enclosures. Ms Aylward said there were 221 false invoices issued of which money was paid on 220. She said no restitution was made and the company had to bear the loss while its profit margin had gone up since Jones had been caught.
An officer is in critical condition after apparently shooting himself in the chest inside a police van in the Mong Kok police station compound yesterday. Kwong Wai-tat, 37, had incurred up to HK$1 million in gambling debts, according to reports. The constable, a 17-year veteran, is married and has been driving police vans at the Emergency Unit Kowloon West for the past three years. Sources said he had borrowed money from colleagues to repay debts. Kwong told his colleagues to leave the vehicle before yesterday’s incident at about 7.30am, sources said. After the shooting, he was found unconscious with a gunshot wound to the chest, and taken to Queen Elizabeth Hospital to undergo surgery.
HONG KONG—Las Vegas Sands Corp. said it is being investigated by U.S. authorities over its compliance with antibribery laws in its operations in Macau, which has become a cornerstone of the casino company’s business and the gambling industry’s major source of growth. Las Vegas Sands in its annual report filed Tuesday said it had received a subpoena from the U.S. Securities and Exchange Commission requesting that the company produce documents related to its compliance with the Foreign Corrupt Practices Act and that the Justice Department “is conducting a similar investigation.” The law prohibits U.S. companies from making payments to foreign officials to get or keep business. The Nevada Gaming Control Board has also initiated an investigation into the same matter, chairman Mark Lipparelli said.
The Securities and Exchange Commission charged a former UBS AG (UBS, UBSN.VX) financial adviser in California with misappropriating $3.3 million to support what the agency called his “extravagant” lifestyle. The SEC said Steven T. Kobayashi, who worked in a California UBS Financial Services office, created a pooled investment fund to invest in life-insurance policies–but he “wound up stealing much of the money to support his extravagant lifestyle,” the SEC said. The regulator noted that he raised several million dollars from his UBS customers and used his fund’s bank accounts “as his personal piggy bank, spending at least $1.4 million in investor funds on expensive cars, prostitutes and large gambling debts.”