Wirecard missing some $2.1 billion from its books, files for insolvency. Wirecard’s auditor, EY says that the company is involved in a multiyear sophisticated fraud. Germany’s Payment Processor Wirecard Involved in a Financial Scandal, $2.1 Billion Missing From Books The financial and payment processor Wirecard was involved in a multiyear fraud scandal that led to […]
One of Japan’s top prosecutors, Hiromu Kurokawa, is stepping down from his post following involvement in a mahjong game with money bets. Prosecutor Kurokawa Accused of Playing Mahjong for Money Hiromu Kurokawa, chief of the Tokyo High Public Prosecutors Office, has stepped down after involvement in a gambling scandal. The weekly magazine Shukan Bunshun reported […]
The Mike Postle court saga entered a new phase, after Mac VerStandig, the lawyer representing the plaintiffs, nearly 90 at the moment, surprisingly filed a motion for sanctions against the defendant. Defendants Filed Motions to Dismiss After the other two defendants in the case, King’s Casino and former Tournament Director Justin Kuraitis, filed two separate […]
The Chinese boss of 500.com, Pan Zhengming, has requested from the company’s board of directors to be temporarily suspended while an investigation determining the alleged involvement of 500.com in Japan’s integrated resorts bribery scandal is concluded. 500.com CEO to Vacate Post While Investigation Continues The chief executive of 500.com Pan Zhengming has stepped down from […]
New information cited by Japanese media outlets has led investigators to suspect five Japanese lawmakers for allegedly accepting bribes from Chinese gaming giant 500.com in order to push the company’s bid for an integrated resort in Hokkaido. Japan’s Future Integrated Resorts Marred in Corruption Scandal The plot thickens in Japan as five new lawmakers have […]
