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Las Vegas Sands Must Pay Consultant Richard Suen $70 Million in Final Judgment

Las Vegas Sands Must Pay Consultant Richard Suen $70 Million in Final Judgment

The verdict is in: Las Vegas Sands (LVS) has to fork over $70 million in past due fees and accrued interest to one-time consultant and Hong Kong businessman Richard Suen for his role in getting LVS into the Macau gaming market at the start of the decade after two days of jury deliberations.

Second Suit

This judgment was the second time a court has ordered LVS to pay up their former consultant; the prior ruling in 2008, for $43.8 million, was later overturned by the Nevada Supreme Court. Looks like LVS should have just paid up then; now they should pay nearly dual to account for amassed fascination with the interim.

The suit that is current off early this year, and ran for months before shutting arguments were finally made in May. The suit has received a great amount of newsworthy drama, including testimony from both Sheldon Adelson, the notorious LVS chairman, and his former company president William Weidner; between these two, apparently no love has become lost. Weidner left the LVS brand name four years ago, and testified at the latest hearing that Adelson’s pugilistic nature, even during their original trial against Suen in 2008, was ‘injurious to relationships with China.’ You might not discern that from the LVS Asia spreadsheets, but Weidner nonetheless says he ‘lost confidence’ in their former boss’s decision-making abilities at that point.

More Suits Ongoing

In the world that is litigious of

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Scratching the Surface of $5 Million Alleged Lottery Scam

Scratching the Surface of $5 Million Alleged Lottery Scam

Online publication Syracuse.com has reported a lottery that is alleged fraud in New York’s Syracuse area dating right back to 2006, that involves two brothers from central brand New York who claimed a $5 million lottery ticket offered at their family’s convenience store. Subsequently, they have been accused of scamming the winner out of his scratchcard winnings.

Now Being Charged

Second-degree attempted grand larceny and fourth-degree conspiracy fees are actually being filed against 36-year-old Nayel Ashkar and Andy Ashkar, aged 34, who’s also been charged with first-degree criminal possession of stolen home.

Following reports to a Syracuse newspaper by suspicious lottery security officials searching for the true champion associated with the prize, the legitimate buyer and owner for the lottery scratch-off came forward and was revealed as a dad of two, aged 49, who had previously been duped by the brothers into giving up the winning admission when he visited the Ashkar’s convenience store in October 2006 to cash it in.

That it was a prize of $5,000 which he would be claiming, despite being told by a friend that it was in fact a $5 million jackpot whether it was a silly mistake, or just sheer disbelief, the true winner of the ticket originally thought. He had been told by Andy Ashkar, upon trying to money in the ticket, he foolishly accepted that it was just a $5,000 prize and was offered $4,000 in cash from Ashkar in ord