January 19, 2015
|Photo by W. L. Doromal ©2008|
It looks like the Federal Government and the Tinian Dynasty have reached an agreement, at least on the case charging the Tinian Dynasty with 158 charges relating to violations of the Bank Secrecy Act. The charges against the casino include: 1 count of conspiracy to cause a financial institution to fail to file a currency transaction report; 1 count of failure to file a suspicious activity report; 1 count of failure to maintain an anti-money laundering program; and 155 counts of failure to file currency transaction reports. The indictment states, "The total dollar amount of reportable currency transactions that were not filed is approximately $138 million."
Another case against the Tinian Dynasty that is open involves the failure of the Tinian Dynasty to pay the U.S. Department of Labor $191,400 in civil penalties for labor violations regarding a 2007 case. The penalty was reaffirmed in November 2014 by the U.S. DOL's Administrative Review Board.
The USICS denied 693 CW workers permits based on the illegal activities at the casino, including the indictment concerning violations of the Bank Secrecy Act, unpaid civil penalties to the U.S. Department of Labor, failing to pay workers in a timely manner, and workers being allowed to work and be paid even though their CW permits were denied.
Has the new owner, Mega Stars, bailed out the Tinian Dynasty, by agreeing to pay the $138 million or an amount that the parties agreed to in the settlement deal?
Already the Mega Stars has paid over $4 million in back taxes and back wages that Hong Kong Entertainment accrued.
How will any settlement deal or resolution to the cases impact the 693 CW workers whose were denied permits and ordered to leave per USCIS? (See this previous post here.)