The Macau Court of First Instance has ordered a former cage manager of junket operator Dore Entertainment Co. Ltd. to repay MOP103 million (US.9 million) of funds she allegedly stole, according to GGRAsia. It may have a hard time enforcing the order, as the woman—identified both as Chao Ioc Mei and Mimi Chow—seems to have taken the money and run.
In September 2015, Chao reportedly defrauded her employer by “using her power to conduct unauthorized actions” at a VIP room at Wynn Macau. Dore did not confirm the amount of money involved.
Since then several people describing themselves as investors in Dore’s cage operations have demanded they be allowed to withdraw cash deposits placed with the junket operator.
In August, Wynn Macau Ltd said it is facing “several lawsuits” in Macau’s Court of First Instance “by individuals who claim to be investors in or persons with credit in accounts maintained by Dore Entertainment Co Ltd.”
If Chao is apprehended, she will also be responsible for 6 percent annual interest on the stolen funds.
As of September 16 last year, complaints made to the Macau police from those claiming to be investors in the cage operations of Dore amounted to at least HKD330 million (US$42.5 million).
