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Remember Sheldon Adelson? Special time caucus in Nevada? He's in the news

Remember Sheldon Adelson?? Special time caucus in Nevada? He's in the news for ((((gasp!))) money laundering.

Sheldon Adelson Casino Company Faces Criticism On 3 Continents

(snip)

In a filing with the Securities and Exchange Commission on Friday, the company said that it had "likely" violated the Foreign Corrupt Practices Act, an American law best known for prohibitions against bribing foreign government officials. Though the U.S. Department of Justice has been investigating Las Vegas Sands for possible violations of the act since at least 2011, according to previous reports to the SEC, the new filing is the first company acknowledgement of likely misconduct.

The company on Monday issued a statement saying “misleading and sensationalistic reporting” had turned what it described as an accounting oversight into a bribery charge. “No violations of the anti-bribery provisions of the FCPA have occurred,” the company said, clarifying there were “'likely violations' of the books and records and internal controls provisions.”

According to the Financial Times, the filing has prompted concern within Republican ranks that negative publicity surrounding Adelson’s company could hinder the party’s future fundraising efforts.

Adelson, one of the world's richest men, and his wife personally gave more than $100 million to conservative candidates during the last election cycle, standing out as the biggest backers of former House speaker Newt Gingrich's campaign for the Republican presidential nomination. Adelson's super PACs also were major backers of Mitt Romney's presidential bid.

READ MORE AT http://www.huffingtonpost.com/2013/03/05/sheldon-adelson-cas...




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I always advise people to

wait until the case has a vetting in the court of law, not the media.

"U.S. Department of Justice has been investigating Las Vegas Sands for possible violations of the act since at least 2011..." That is understandable. Democratic president had ordered Hillary and Holder to get some dirt on Republicans. If there were something really bad, FBI would be on it before the election. Let's see how the Democratic government will handle the case.

Controlled Demolition of the GOP

MSM abetting TPTB as usual.

Soon we should have one party representing us at the UN.

How could any ordinary American

compete with $100 million worth of lobbying?

If you don't know your rights, you don't have any.

Michael Nystrom's picture

Bump

Thanks for the update.

All art is only done by the individual. The individual is all you ever have, and all schools only serve to classify their members as failures. E.H.

I remember hearing about this

I remember hearing about this guy back during the primaries and wondered 'who the hell owning a casino would bet on newt?'

clearly a crazy corrupt fool. glad to see someone took notice. hope he rots.