Female Exec Pulls Multi-Million Dollar Casino Heist
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A casino executive is on the run after allegedly taking 14.6 billion ($13 million) in cash from a South Korean casino operated by a Hong Kong developer.
Jeju Shinhza World, operated by Hong Kong-listed property firm Landing International Development, said in a statement that it was unable to reach the employee in charge of the casino funds.
Local police confirmed that an investigation was underway, according to a report by local media firm «Yonhap».
Jeju is a popular tourist island in the southern region of South Korea, with casinos for foreigners only.
According to the report, the female employee in question is a Malaysian national who did not return to work following a vacation. Surveillance footage secured showed that the period in which the funds may have disappeared has been erased.
There is reason to believe the heist was done by more than one individual as the funds were all cash and weighed about 280 kilograms.
Questions & Answers
Q.Which casino was targeted in this multi-million dollar heist?
Which casino was targeted in this multi-million dollar heist?
The casino targeted was Jeju Shinhza World in South Korea. It is operated by Hong Kong-listed property firm Landing International Development and caters exclusively to foreign visitors.
Q.What is the estimated value of the cash stolen in the heist?
What is the estimated value of the cash stolen in the heist?
The stolen cash is valued at 14.6 billion, which converts to approximately $13 million. The total weight of the cash was around 280 kilograms.
Q.What evidence suggests this was not a solo operation?
What evidence suggests this was not a solo operation?
There is reason to believe more than one person was involved because the stolen funds were entirely in cash. This amount weighed about 280 kilograms, making it difficult for one individual to move alone.
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