Female Exec Pulls Multi-Million Dollar Casino Heist

Tuesday 12th January 2021

Marina Bay Sands Casino Hires Law Firm for Money Transfer Probe

A casino executive is on the run after allegedly taking 14.6 billion ($13 million) in cash from a South Korean casino operated by a Hong Kong developer.

Jeju Shinhza World, operated by Hong Kong-listed property firm Landing International Development, said in a statement that it was unable to reach the employee in charge of the casino funds.

Local police confirmed that an investigation was underway, according to a report by local media firm "Yonhap".

Jeju is a popular tourist island in the southern region of South Korea, with casinos for foreigners only.

One-Woman Job?

According to the report, the female employee in question is a Malaysian national who did not return to work following a vacation. Surveillance footage secured showed that the period in which the funds may have disappeared has been erased.

There is reason to believe the heist was done by more than one individual as the funds were all cash and weighed about 280 kilograms.

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