SectorWire
SearchGet the daily briefing
Menu

Yokohama court jails three men over online casino money laundering

Enforcement & compliance

A Yokohama District Court branch sentenced three men for laundering proceeds from illegal online casinos in Japan, according to the report. It gave Hideaki Yoshihara 10 years in prison and a fine of more than $50,000; Kazuki Yoshii received six years and Kazuyuki Takahashi four years, with each ordered to pay about $12,600.

The sentences show the criminal penalties facing people who facilitate illegal online casino operations in Japan.

Request a correction

Keep reading

Enforcement & compliance

Bari prosecutors seek trial for 102 people over slot and VLT money laundering

Prosecutors in Bari have requested that 102 people be sent to trial over an alleged system controlling slot and video lottery halls linked to the Diomede and Mercante clans, with proceeds allegedly laundered through the purchase of winning tickets. Charges include criminal association, money laundering, self-laundering and extortion with mafia aggravating circumstances. A preliminary hearing is set for 9 December.

Prosecutors in Bari have asked for 102 people to be sent to trial following an investigation into an alleged system for controlling slot and video lottery halls linked to the Diomede and Mercante clans, according to the prosecution's request. The preliminary hearing at which the request will be examined is scheduled for 9 December in the Court of Assizes in Bari.

Continue reading