CROWN EMPLOYEES CONVICTED, JASON O'CONNOR TO SPEND 10 MONTHS IN JAIL

CROWN EMPLOYEES CONVICTED, JASON O'CONNOR TO SPEND 10 MONTHS IN JAIL

CROWN Resorts (ASX: CWN) employees who were arrested in October last year on suspicion of gambling offences have been convicted today in the Shanghai Baoshin District Court.

A release confirmed that 17 current and two former employees contravened clauses in the Criminal Law of the People's Republic of China which relate to organised gambling exploitation.

Of the 19 defendants, 16 were fined a total of RMB$8.62 million, which equates to around AUD$1.67 million. The James Packer-backed Crown Resorts says it will pay the fines.

Of those who were fined, 11 were sentenced to spend nine months in jail and five were sentenced to a lengthier incarceration period of 10 months. It is believed they will have little time to serve as the sentence backdates from the date of their detention last October.

The remaining three defendants who were bailed on 11 November last year were not fined or sentenced to any jail time.

The head of Crown's international VIP programs Jason O'Connor is the Australian employee who has received the most severe sentence. He is required to pay RMB$2 million (AUD$390,000) and spend 10 months in jail.

The other incarcerated Australian citizens are 'Jane' Pan Dan (fined RMB$400,000) and Jerry Xuan (fined RMB$200,000), who will each spend nine months in jail.

One of the other defendants is a Malaysia citizen and the remaining defendants are Chinese citizens.

Business News Australia

Get our daily business news

Sign up to our free email news updates.

 
Four time-saving tips for automating your investment portfolio
Partner Content
In today's fast-paced investment landscape, time is a valuable commodity. Fortunately, w...
Etoro
Advertisement

Related Stories

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

‘Arrogant, not listening, not fast enough’: Former Star CEO reveals NSW casino regulator’s gripes

The Star Entertainment Group's (ASX: SGR) former CEO Robbie Coo...

Nick Scali to enter UK market by absorbing debt of loss-making Fabb Furniture

Nick Scali to enter UK market by absorbing debt of loss-making Fabb Furniture

Australian furniture group Nick Scali (ASX: NCK) plans to raise up ...

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

Australia's answer to MTV reality hit Jersey Shore to be filmed in Cairns

The hit international reality MTV franchise that produced Jersey Sh...

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two family-owned supply chain trackers and labelling experts combine as Peacock buys insignia

Two Australian family-owned supply chain trackers specialising in l...