At Les Ambassadeurs Club, Yu Songbo acquired gambling chips with cheques that then bounced
L
ondon casino Les Ambassadeurs Club in Park Lane, Mayfair is taking Yu Songbo, a multi-millionaire property developer, to court after he cashed cheques for gambling chips which then bounced, to the High Court to recover the money he owes.
The Chinese mans family had an estimated fortune of $1.3 billion when he became a casino member in 2014. He cashed cheques for $26 billion between April 27 and May 1 in 2018. However, the court said all the cheques were subsequently dishonored, as reported by Daily Mail.
A judge ruled he now owes the casino $13.7 million, including legal costs and interests, after an application for global freezing order was re…
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