Now we know why Shel Adelson’s all-in on Mitt Romney
Sheldon Adelson | AP
Sheldon Adelson is a casino mogul with gamblings operations in both in the U.S. and abroad. He put millions into Newt Gingrich’s presidential primary campaign before it imploded; he’s socked $5 million in Rep. Eric Cantor’s Young Guns PAC (which goes to other congressional Republicans and helps Cantor keep his leadership role).
All told, Adelson has socked $54 million into this year’s elections, spending all of it on Republicans. He is the biggest single-year campaign contributor in the history of America. And a lot of the money has been spent to see that Mitt Romney wins the White House. He even accompanied Romney on the presidential contender’s fund-raising mission to Israel.
One of the questions hanging out there for awhile has been, why has Adelson gotten so involved this year? Now we have an answer that makes sense.
It’s likely because the U.S. Justice Department has been going after Adelson’s company, Las Vegas Sands Corp. for apparent violations involving money laundering through his casinos by two foreigners to the tune of $185 million. One is a convicted criminal and the other is shady, too.
One of alleged launderers is Chinese-born Mexican businessman Zhenil Ye Gon, who at one time was charged as a high level meth trafficker. Those charges were later dropped. In the middle of the last decade, he transferred about $85 million into casinos owned by Las Vagas Sands.
The other guy is Ausaf Umar Siddiqui, a former executive at Fry’s Electronics Inc., a big-box electronics retailer headquartered in California. Siddiqui is believed to have illegally transferred $100 million through Las Vegas Sands Corp. casinos. Siddiqui is now in prison after pleading guilty in 2009 to taking kickbacks.
From the Associated Press:
. . .The Justice Department’s investigation centers on whether Las Vegas Sands broke federal law by failing to report money transfers by [Ye Gon] and [Siddiqui].
Representatives for the Justice Department and the company held settlement talks as recently as last Thursday, but have yet to reach an agreement, the Wall Street Journal reported Sunday, citing unidentified people familiar with the case.
Prosecutors could compel the company to pay $100 million or more in penalties, as well as file criminal charges against at least one Sands executive, according to the Journal’s report.
I’ll give you three guesses as to the name of that executive!
If Romney wins the Nov. 6 election, it’ll be interesting to see how this case turns out. Plenty of people will be watching.
October 29, 2012 - 10:14 PM
With respect Dan, I think your interpretation is not the main reason Adelson supported previous Republicans, and now Romney… Adelson is a Zionist, which are generally the racist Jews. And Zionists, including Adelson’s friend Netanyahu, the Prime Minister of Israel, see the Republicans as more militarily inclined in the Middle East, particularly Iran. (Recall how Gingrich seemed almost eager to attack Iran in his campaign.)
Dave Gresham, no doubt, there’s a Zionist component to his fervor. But he’s never given as much before, and he’s never had so much on the line before. It could cost his company more than $100 million in fines, not to mention potential criminal criminal charges against an unnamed Las Vegas Sands Corp exec.
Hmm, gotta admit that’s pretty pertinant too Dan. Between the two, no wonder he’s breaking records… God I hope Retard loses. It’s not that I’m an Obomba fan, I’m just voting against Retard. Daniel Ellsberg said it best… https://www.commondreams.org/view/2012/10/18
lets look into obamas background too..oh wait, its all locked up, wonder why?
#3 Umm, retard, Dave? Was that an autocorrect?
Yeah, Romney makes me a little rabid. Guy has zero compassion for the common man, non-whites, women, etc… Loves his own and nobody else. I do not wish for the masses to be seen as “the equipment”.
#4 Man, pammalamadingdong just keeps spreading the idiocy.
#3 “Umm, retard, Dave? Was that an autocorrect?”
Good for you, gdad.