Legal proceedings against a group of former Suncity Group employees continue in full force after Chinese authorities cracked down on the junket operator who uncovered illegal gambling activities, side betting operations, fraud and other violations.
Another defendant charged with handling funds has been heard in court
During the hearings, which lasted nine days, another defendant, on 12e in a row, admitted having helped a client of the Suncity group to open an account with a foreign gambling operator.
Vincent Loi, Suncity Group’s former deputy business development manager, told the court that a Suncity Group customer contacted him and expressed interest in proxy betting operator Universal e-City. The client wanted to open an account with the company, which was previously part of the Suncity group but was later sold to a wealthy businessman.
Loi assisted the client by calling Suncity Manila staff who opened the requested account on the client’s behalf. Loi, whose job was to help Suncity Group customers book hotels and restaurants, argued that he was only doing his job to help a customer open an account in the same way he would help book a hotel room, for example.
Furthermore, Loi pointed out that he had no access to the client’s Universal e-City account and did not process any funds related to it. He also added that no employees of the Suncity group had access to accounts with the Philippine company.
During the legal proceedings, it was discovered that although Universal e-City was no longer part of the Suncity group, it was possible for customers to transfer funds between their different accounts with the two companies.
The next step in the legal process will be to hear the testimony of witnesses.
China Cracks Down on Major Junket Operations by Suncity Group
35 defendants linked to the Suncity group have already pleaded guilty to charges related to cross-border travel operations. As part of a large organization spanning several countries, the defendants admitted to helping Chinese VIP clients travel overseas for high-end junkets.
The beginning of the end of this complex and highly profitable syndicate was marked by the arrest of the founder and now former CEO of the Suncity Group, Alvin Chau, in November 2021. Accusations of money laundering, organizing operations Illegal gambling and fraud, among other charges, have been pressed against Chau, who is one of 21 defendants currently being heard by the Macau court.
The main cross-border junket syndicate run by Suncity Group reportedly involved a network of more than 60,000 agents in various Asian countries. So far, a total of 56 defendants will appear in the Macau court on criminal charges related to the Suncity Group’s junket operations.