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Cambodia arrests casino owner for kidnapping gambling debtors … – CalvinAyre.com

cambodia-casino-owner-kidnapping-extortionCambodian authorities have detained four Chinese nationals accused of a kidnapping and extortion plot involving gamblers whod rung up debts at a local casino.

On Monday, Cambodia Daily reported that National Military Police had arrested Ding Chunyaun, the owner of an unidentified casino in Poipet City, along with three accomplices for the kidnapping of three Chinese gamblers whod run up a $1.22m debt at the casino.

One of the gamblers, identified as 51-year-old Chinese businessman Zhun Xiao Liang, owed the casino $770k, while the two other gamblers owed $300k and $150k. When they proved unable to honor their debts, Chunyuan ordered his accomplices to kidnap the trio in January.

Police said Chunyuan and his mafia group illegally detained the…

Read the full article at: https://calvinayre.com/2017/03/07/casino/cambodia-arrests-casino-owner-kidnapping-extortion/

Category: RestructuringBy Insolvency GuardianMarch 7, 2017

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Cambodia arrests casino owner for kidnapping gambling debtors – CalvinAyre.com

cambodia-casino-owner-kidnapping-extortionCambodian authorities have detained four Chinese nationals accused of a kidnapping and extortion plot involving gamblers whod rung up debts at a local casino.

On Monday, Cambodia Daily reported that National Military Police had arrested Ding Chunyaun, the owner of an unidentified casino in Poipet City, along with three accomplices for the kidnapping of three Chinese gamblers whod run up a $1.22m debt at the casino.

One of the gamblers, identified as 51-year-old Chinese businessman Zhun Xiao Liang, owed the casino $770k, while the two other gamblers owed $300k and $150k. When they proved unable to honor their debts, Chunyuan ordered his accomplices to kidnap the trio in January.

Police said Chunyuan and his mafia group illegally detained the…

Read the full article at: http://calvinayre.com/2017/03/07/casino/cambodia-arrests-casino-owner-kidnapping-extortion/

Category: GamblingBy Insolvency GuardianMarch 6, 2017

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PreviousPrevious post:Investigation reveals shocking history of bankruptcy and dozens of companies under different names for couple who … – Stroud News and JournalNextNext post:Former bank manager declared bankrupt, following two-year jail stint for fraud – The Dominion Post

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