In a single 90-minute stint playing baccarat, Jho Low lost US$1.75 million. — Jho Low was a big man in Vegas. He sported gold lame suits, travelled with an entourage and lost tens of millions of dollars, a New York jury was told.
All told, Low wagered almost US$87 million at the Venetian and lost about US$26 million, Godby estimated. Godby was testifying in the bribery trial of former Goldman Sachs Group Inc. banker Roger Ng over the multibillion-dollar. Ng is accused of conspiring with Low and Ng’s former boss Tim Leissner to help the financier steal billions of dollars from three bond deals Goldman underwrote for the 1Malaysia Development Bhd. wealth fund. Low is now a fugitive.
“We have the whole enchilada if you will,” Godby said. “Rooms, food, beverages, spas, and shows, cash back.”
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:
Singapore Latest News, Singapore Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
1MDB case: Jho Low was a $118 million Vegas whale at late-night baccarat table
Source: STForeignDesk - 🏆 4. / 71 Read more »
Indonesia central bank keeps rates unchanged at record lowJAKARTA : Indonesia's central bank kept interest rates unchanged at record lows on Thursday, as expected, citing a need to keep financial markets stable, anchor inflation and support the economy's recovery from the COVID-19 pandemic.Bank Indonesia (BI) held the benchmark 7-day reverse repurchase rate at 3
Source: ChannelNewsAsia - 🏆 6. / 66 Read more »
1MDB case: Jho Low was a $118 million Vegas whale at late-night baccarat table
Source: STForeignDesk - 🏆 4. / 71 Read more »
Source: BusinessTimes - 🏆 15. / 51 Read more »
36-million-year-old whale fossil found in Peruvian desert
Source: STForeignDesk - 🏆 4. / 71 Read more »
A look at the military assistance the US is giving UkraineJust hours after Ukrainian President Volodymyr Zelenskyy delivered an emotional plea to the U.S. Congress for more military aid, President Joe Biden laid out a wide range of weapons and equipment that America will provide to help Ukraine beat back the Russian invasion. A key element of that was Biden's vow to help Ukraine get long-range air defense systems that aren't made in America — a likely reference to the Russian-made S-300s or similar surface-to-air missile systems which other NATO nations in Eastern Europe have.
Source: YahooSG - 🏆 3. / 71 Read more »