Star Warns $400M Fine Could Trigger Collapse in AUSTRAC Junket Case

Star Entertainment has warned that a proposed $400 million penalty from AUSTRAC could threaten its survival, as the Federal Court examines the casino operator’s ties to criminal-linked junket activities and systemic anti-money laundering failures. Links to suncity and organised crime: The proceedings, which commenced on Wednesday, June 4th, quickly moved behind closed doors to allow for private examination of Star’s chief financial […]