The Justice Department is investigating whether Las Vegas Sands Corp., owned by high-profile Republican donor Sheldon Adelson, broke federal law by failing to report millions of dollars of potentially laundered money transferred to its casinos by two high-rolling Las Vegas gamblers, according to the Wall Street Journal.
The U.S. attorney's office in Los Angeles is investigating deposits made in the mid-2000s by a Mexican pharmaceutical businessman, later indicted for drug trafficking in 2007, and a California executive with Fry's Electronics, who later pleaded guilty to taking illegal kickbacks, the newspaper said, citing lawyers and federal officials working on the case.
The Journal said there were no indications that the investigation included actions by Adelson, Sands' chief executive and a major political donor for the Republican Party. Adelson has pledged to spend as much as $100 million to help Republican candidates in this election cycle.
Federal investigators have begun focusing on casinos amid concerns that the industry's lax financial systems could be used for money laundering and other illegal activities, according to Justice Department officials cited by the Journal.
Yeah, and if you believe that, I've got ocean front property in Arizona to sell you. The Obama Regime is trying to take one of the top Romney donors out, since their fundraising sucks. This comes days after the Democrat Congressional Campaign Committee (DCCC) had to publicly apologize and retract a claim they made that Adelson profited from prostitution at his resorts in China. Adelson threatened a defamation lawsuit. So Obama figured he'd have to use his politicized InJustice Department to do what the DNC couldn't do.
Adelson is also a big supporter of Israel. We know how hostile the Regime is to our closest ally in the Middle East.
Meanwhile, Obama took money from a traitor a bunder in 2008 who has met with the Taliban and Iran's Ahmadamnutjob, cheered the Iraqi insurgency while also giving them $600K in aid, and claimed bin Laden "had a valid argument" in attacking America on 9/11.