BOMBSHELL REPORT: Biggest donor to Romney/GOP in business with Chinese mob

[Tx4obama]

Things are getting awkward for Sheldon Adelson, the casino magnate who pledged to spend a “limitless” amount of money to get Mitt Romney elected. Adelson’s latest woes stem from business practices surrounding his lucrative casino in Macau, the only Chinese city with legalized gambling.

The Macau operation has long been under scrutiny but a new in-depth investigation from ProPublica and PBS focused on allegations of improper, and perhaps in some cases illegal, business dealings by Adelson’s Las Vegas Sands company in China. While focusing on the possibility that Sands violated the Foreign Corrupt Practices Act with a $700,000 payment to a Chinese associate, PBS also released documents that bolstered accusations of business ties between Adelson’s shop and Chinese organized crime figures.

PBS reports that Sands was clear that, in order to drive business from mainland China to their Macau casino, they would need to use “junkets” — trips arranged by private companies to ferry high-stakes gamblers to Macau:

Among the junket companies under scrutiny is a concern that records show was financed by Cheung Chi Tai, a Hong Kong businessman.

Cheung was named in a 1992 U.S. Senate report as a leader of a Chinese organized crime gang, or triad. A casino in Macau owned by Las Vegas Sands granted tens of millions of dollars in credit to a junket backed by Cheung, documents show.

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Full article here: http://thinkprogress.org/security/2012/07/16/525131/adelson-romney-chinese-mob/

[nashville_brook]

1. okay, that's bombshell-y.

holy shite!

[Jackpine Radical]

2. Just another story with no legs.

[notadmblnd]

3. he made deals (paid bribes) with the chinese mob to get the business that made him a billionair

Wasn't he on the verge of bankruptcy before all this gambling stuff in China came to fruition?

[freshwest]

4. Bar B Que at Eleven.

[DCBob]

5. Its revealing the GOP's biggest donor made his billions exploiting people..

who have a gambling addiction. So appropriate.

[ProfessionalLeftist]

6. ...and prostitution if I remember

....wasn't there something a few weeks ago about his involvement with that as well?

[The Blue Flower]

7. Laundered campaign $$$$

So basically, the money he gives to R candidates is dirty mob money laundered through his Macau casino. Thank you, Supreme Court five!!! Good job. Not.

[nichomachus]

8. Please, get real

If we disqualified Republicans for dealing with gangsters, there wouldn't be any GOP left. It's all they've got.