OCCRP reveals a billion-dollar scheme tied to Taiwanese organised crime, where networks laundered over $1B through Macau casinos using recruited money mules” to exploit credit card systems

Individuals were recruited to artificially inflate credit limits, purchase large volumes of casino chips, and then cash them out, effectively transforming illicit proceeds into seemingly legitimate gambling winnings; this typology reflects classic placement and layering stages of ML, exploiting weaknesses in casino AML controls, customer due diligence, and cross-border transaction monitoring, while also raising concerns around complicit or negligent financial…