Genting faces RM2.6bil fraud lawsuit in the US


PETALING JAYA: Genting Group has been accused of dumping nearly a billion dollars of debt on a small island-resort and casino in the Bahamas, some 50 miles from South Florida.

Calling it “a massive and coordinated fraud”, the Capo family of Miami is suing Genting Americas Inc for at least RM2.6bil (US$600mil), based on a court filing sighted by StarBiz.

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