A casino resort in Nevada that has been a magnet for money laundering and other illegal activities is a “Big Bang” for Black money, according to a new report.
The report from the International Consortium of Investigative Journalists (ICIJ) paints a bleak picture of the Black Lotuses’ operations.
In a section called “Black Lotuses: A Wild West,” it says Black Lotusses have been “one of the most profitable casinos in the world for decades” despite its status as a tax haven.
The casino, located in Las Vegas, has a reputation as a place to gamble.
It has been around for decades and is one of the fastest-growing casinos in Nevada.
The ICIJ report says BlackLotuses is also a place for money launderers to stash their money.
“Many of the accounts of BlackLotus have been opened through third parties.
The accounts have been used for money-laundering, tax evasion and drug trafficking,” the report says.
The ICIJ reports BlackLotusses are a favorite spot for money transfers, especially as the number of casinos has skyrocketed.
“The Black Lotuse is a popular venue for money to be transferred across borders and across borders into and out of the U.S.,” the report reads.
The report adds that the BlackLotuse is “a major source of funds for organized crime, including the Black Panther Party and the Mexican Mafia.”
BlackLotuses business model has been criticized for many years.
The resort, which opened in 2011, was forced to close last year after it became a haven for drug traffickers, and has since been accused of laundering drug money and money laundering.
The resort was also found to be a place where money laundering was happening and that people were receiving illegal benefits from the resort.
The Las Vegas Review-Journal reports that the casino’s casino commission found a $2.5 million loan from BlackLotas parent company, the MGM Resorts Group, was made in 2012.
The casino was able to recover the loan in 2016 after being forced to sell off most of its properties.
The new report also alleges that BlackLotis employees are getting paid more than other employees because they are in charge of managing the resort’s operations.
“This arrangement has the effect of rewarding employees who are able to control the resort in a way that minimizes risk and provides benefits for employees who have a direct relationship with the resort,” the ICIJ said.
“It’s a dangerous relationship,” BlackLotuys attorney said in a statement to the Review-journal.
“It is illegal for any BlackLotushis employee to receive any kind of payment in connection with his or her position at BlackLotustis.”
Black Lotus’ owners have denied any wrongdoing, but the resort has been under investigation by federal authorities for months, including by the Department of Justice.
In a statement released in August, BlackLotuz president Tom Fagan said:The report by ICIJ, which is based on documents obtained through a public records request, also says that Black Lotuys tax-exempt status was revoked in May 2017, and that the resort was recently awarded a $300,000 contract with a company called “Randy” for a new resort in the same region.
BlackLotots operations have been suspended since then, and the casino has shuttered its casino-front office.
BlackLotus is now run by a new management team led by an attorney.
The company said in the statement that it will “conduct a thorough review of all its business operations and will not be making any further comment.”
Read more from the Review Journal here.