Star Casino charged by Australian regulator for breaching anti-money laundering laws

Star Casino, a subsidiary of Star Entertainment based in Pyrmont, Sydney, will face hefty fines from the Australian Transaction Reports and Analysis Centre (AUSTRAC), known as Australian anti-money laundering regulator, for allegedly “allowing customers to move cash through risky back channels and continuing business with higher-risk customers in breach of federal anti-money laundering law.” AUSTRAC’s lawsuit: […]