Macau Authorities Detain Four in Major Casino Fraud Operation

Four Arrested in Macau Over Large-Scale Casino Fraud

Local law enforcement in Cotai apprehended four individuals on Monday, suspected of orchestrating a substantial fraud scheme targeting casinos in the region. The suspects are alleged to have deceived two casinos out of nearly $2.4 million.

Details of the Fraud and Suspects Involved

During a press briefing on Thursday, the Macau Judiciary Police revealed that one suspect presented fake bank documents from an institution in Hong Kong as proof of creditworthiness, persuading casinos to grant lines of credit.

The group consisted of three individuals from Hong Kong, all in their sixties, who posed as affluent businesspeople, along with a local Macau resident named Wong, who acted as their driver. These individuals would visit Macau casinos around mid-October, successfully obtaining lines of credit typically given in the form of non-negotiable gaming chips.

Chip Disappearance and Casinos’ Response

On multiple occasions, the suspects left the casinos with gaming chips. When the casinos followed up, demanding the return of these chips, the suspects claimed the chips had been handed over to other parties. The names of the casinos involved were not disclosed by authorities.

Officials mentioned that other casinos, apart from those affected, had also been approached by the suspects but rejected any credit requests. The total financial loss for the two casinos hit by the fraud amounts to a seven-figure sum, and the final whereabouts of the gaming chips remain unknown.