A federal grand jury is now investigating Republican mega-donor Sheldon Adelson for money laundering

[Cali_Democrat]

Sheldon Adelson's Woes Mount With Grand Jury In Las Vegas Sands Money-Laundering Probe
Posted: 06/05/2013 10:22 am EDT

The legal headaches besetting billionaire Sheldon Adelson’s Las Vegas Sands Corp. now include a grand jury in Los Angeles, part of a federal money-laundering probe of his Nevada-based casinos, The Huffington Post has learned.

The involvement of a federal grand jury, not previously reported, suggests an escalation of the money-laundering investigation into Sands and one of its executives, being led by the U.S. attorney for Los Angeles, according to a person with direct knowledge of the inquiry. The person requested anonymity because he wasn’t authorized to discuss the grand jury’s work, which is not public.

Investigators are probing whether Sands broke money-laundering laws by failing to report millions in potentially questionable transfers of money several years ago by two-high rollers at its casinos. Both men have separately been charged with other crimes and one has since been sentenced to jail for accepting illegal kickbacks.

Grand juries are often used by federal prosecutors for obtaining testimony from witnesses or targets, and issuing subpoenas for documents, said lawyers specializing in white collar investigations. "You typically go to a grand jury when you’re ready for indictment, or as a strong-arm tactic" to reach a settlement, said a former federal prosecutor.

http://www.huffingtonpost.com/2013/06/05/sheldon-adelson-grand-jury-money-laundering_n_3381628.html

This guy looks like he's in serious trouble. The Justice Department is going after him and rightly so. No wonder why Adelson gave millions upon millions of dollars to Romney during the 2012 election. He was looking to buy his freedom with a friendly Justice Department.

Too bad for him that ship sunk along with Romney's election hopes.

[rhett o rick]

1. Sounds too good to believe. nm

[NightWatcher]

2. Too bad ol Newt couldn't get caught in the trap

Of course he was trying to buy his way out of jail.

[tularetom]

3. Call Darrell Issa, this guy's being investigated because he spent millions supporting republicans

Adelsongate should be good for at least a week of breathless media speculation as to whether and when Obama will be impeached over it, and of course, days of congressional hearings with hours of fake republican outrage.

[PearliePoo2]

4. Yup...if there's ONE thing that the old Mittster really excels at it's......

finding places to hide and stash his money.
Sucks to be you right now, Sheldon!

[MindPilot]

5. Money laundering? A casino mogul?!

I'm sorry, I just find that difficult to believe.

Isn't that what a casino is...a giant currency autoclave?


It will be a great day to see that arrogant slimeball taken down.

[hootinholler]

12. Seriously, what's a casino for?

Gambling?

[JaneyVee]

6. Check his 501c

[tk2kewl]

7. in the end...

he will probably get to pay his way out of trouble with a fine

[malaise]

8. No wonder why Adelson gave millions upon millions of dollars to Romney during the 2012 election

He was looking to buy his freedom with a friendly Justice Department.
Ding ding we have a winner

[Initech]

9. One day every one of these greedy pieces of shit will get caught.

And then we will be free.

[Sheepshank]

10. Mitt is completely upto his eyeballs in "association" problems.

He should be investigated too.


Isn't that exactly what the GOP would be calling for if the recipient of the funds was Obama?

[mckara]

11. Follow the Money to the Seamy Side of Life!

[SleeplessinSoCal]

13. How do you cope with knowing that such a small percentage of voters know about him?

Following politics so closely since 2000 has made me aware of so much more than I was before Bush v Gore. So many players. So much corruption. And a vast majority of Americans have no idea who this guy is. It is way too frustrating for me, but I'm now addicted to detail. It's the real life "Game of Thrones", but with a tiny audience.

[PatSeg]

14. Same here

I try to take a break from it all, but it is too compelling. Then I get so frustrated because so many people don't have a clue, which would have been me before Bush v Gore.

[blkmusclmachine]

15. .

.