GOP Super PAC billionaire investigated for money laundering.
The Justice Department has launched an investigation into whether Las Vegas Sands Corporation and several of its executives violated money-laundering laws, The Wall Street Journal reported.
Citing unnamed lawyers and other people involved in the matter, the newspaper said the probe was being conducted by the US attorney’s office in Los Angeles.
Its investigators want to find out how the casino handled money received several years ago from a Mexican businessman later accused of drug trafficking and a former California executive subsequently convicted of taking illegal bribes.
Sands’ chief executive and largest shareholder is hotel and casino industry mogul Sheldon Adelson, whose personal wealth is estimated to be nearly $25 billion.
Adelson has promised to spend about $100 million this election season to support Republican candidates for president and other elective offices.
Someone ought to talk to Romney — and the GOP in general — about Adelson, who seems somewhat less than a model citizen. Last month, it was revealed that Adelson has ties to the Chinese Mafia.
So how are you liking Citizens United so far? If this is any indication, US politics should be as mobbed up and corrupt as Russia’s in no time.