Former Star Casino Executives Fined for Money Laundering
It happened on Wednesday, June 17, 2026, at 10:43 am.
A former Star CEO, Matthias Bekier, was accused of not stopping money laundering.
Two former Star executives were penalized for breaking the law.
The judge found that Matthias Bekier and Paula Martin broke the law three times each.
The judge said Matthias Bekier cannot work as a director for six years and Paula Martin for seven years.
Matthias Bekier was fined $700,000, and Paula Martin was fined $400,000.
Earlier this year, the court found that two former Star executives did not do their jobs correctly when it came to money laundering.
The court said the former CEO and another executive broke the law by not doing their jobs correctly.
The corporate watchdog started the case against Star.
The watchdog's chair said they started the case because it was about trust and accountability at a big casino.
The court found that the former Star CEO and another executive did not listen to warnings about money laundering by Chinese groups.
Much of the case was about Star's biggest partner, Suncity, which brought in a lot of money.
The watchdog said the executives did not stop money laundering and kept working with Suncity even after they knew about its criminal links.
The watchdog said one executive let Star give false information to a bank about how some cards were being used.
Those cards were being used for gambling, which was not allowed.
The judge said the goal is to protect the public by punishing the executives.
The judge talked about how the executives only said sorry for getting in trouble, not for what they did wrong.
The judge said the executives did not really understand how serious their mistakes were.
The judge was not convinced that the executives were truly sorry for what they did.
The judge said it is easy to say sorry for getting in trouble, but it is harder to say why what they did was wrong.
The judge said the executives needed to show they understood what they did wrong and how they would do things differently.
A casino commission will check if Star can keep its casino license.
The judge said one executive said sorry, but it was not enough.
The judge also talked about how executives use certain phrases when they are in trouble.
The judge said saying 'I accept responsibility' is not enough if you do not explain what you did wrong.
An expert said executives are taught what to say in court by their lawyers.
The expert said the phrase 'I accept responsibility' is just a way to show a little bit of remorse without saying much.
The expert said executives often seem to be reading from a script when they are in court.
It happened on Wednesday, June 17, 2026, at 10:43 am.
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