Four individuals have been charged in the District of Massachusetts with conspiring to deceive banks and credit card companies into processing more than $150 million in credit and debit card payments on behalf of merchants involved in prohibited and high-risk businesses, including online gambling, debt collection, debt reduction, prescription drugs, and payday lending, according to…
Seeking a global freezing order Les Ambassadeurs Club in London has failed in its court appeal to get a global freezing order put in place on the assets of a Chinese businessman in an attempt to recover over 10m ($13.7m) in gambling debt. Yu Songbo is a real estate developer from Zhoushan in eastern China.…
The life of a mafia member isn’t exactly known for being free of violence and brutality – but those in the Japanese yakuza have to go through a particularly grisly ritual. The yakuza, Japan‘s equivalent of the mafia, are fans of what’s known as yubitsume, which translates to ‘finger shortening’ (or yubi o tobasu/‘finger flying’).…
Multi-millionaire property developer Yu Songbo is being taken to court for the money he owes (Picture: Khmer Times / Google Maps) An exclusive casino in London is fighting a multi-millionaire property developer in court after he cashed cheques for gambling chips which then bounced. The Les Ambassadeurs Club in Park Lane, Mayfair which featured in…
Mayfair casino takes Chinese tycoon to court to recover 10MILLION after cheques he cashed to buy gambling chips bounced Yu Songbo spent 19million in five days at exclusive club, in London’s Park Lane Les Ambassadeurs Club also featured in the Beatles film A Hard Day’s Night Clubwants High Court to force Yu Songbo to repay…
Law360, London (August 24, 2021, 5:21 PM BST) — An appeals court said on Tuesday it was not convinced there was a real risk that a Chinese businessman with 6.5 million ($8.9 million) in gambling debts would shift money out of reach if a London casino could not freeze his assets. The Court of Appeal…
Lloyd Parker replaced the takings from the Cathedral Retail Park store with bits of cut-up newspaper after using the stolen cash to attempt to win back what he had lost, Leeds Crown Court was told. The 30-year-old even spent his family’s Christmas savings money to claw back the deficit, but lost it all. Prosecutor Emily…
Lloyd Parker replaced the takings from the Cathedral Retail Park store with bits of cut-up newspaper after using the stolen cash to attempt to win back what he had lost, Leeds Crown Court was told. The 30-year-old even spent his family’s Christmas savings money to claw back the deficit, but lost it all. Prosecutor Emily…
Lloyd Parker replaced the takings from the Cathedral Retail Park store with bits of cut-up newspaper after using the stolen cash to attempt to win back what he had lost, Leeds Crown Court was told. The 30-year-old even spent his family’s Christmas savings money to claw back the deficit, but lost it all. Prosecutor Emily…
Father-of-two, 40, ‘took his own life after developing gambling addiction while on furlough’ wife says, blaming his death on lure of free online betting sites Luke Ashton, 40, took his own life in flat in Swinton, South Yorkshire, on April 22 Post-mortem examination said the cause of death was hanging, inquest heard His wife Annie,…