Canadian held in Macau over US$284mil fraud


HONG KONG: A Canadian man has been arrested in the gambling hub of Macau for allegedly trying to defraud an entertainment company out of US$284mil (RM1.2bil), police said.

The suspect, a 61-year-old retiree of Chinese descent, was arrested on Friday after allegedly trying to transfer the money from the firm’s bank account using bogus documents earlier in the week.

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