
By staff reporter Luo Changping
From Caijing
online
Lian Chao, nicknamed “Gambling King of the High Seas,”
was arrested by police from Chinese mainland for allegedly money laundering for
Huang Guangyu, the founder of home appliances chain Gome. Huang was taken into
custody in late December 2008, and his wife is under house arrest too.
One of the investors behind the
The Neptune is a five-star luxury ship in
Gambling on the high seas boasts many attractions. For
one, it is tax-free and out of government supervision. The Chinese government
has banned officials from gambling and tightened policies on tours to
Government officials have frequented high sea casinos
since the 1990s. One of the most infamous gamblers, Ma Xiangdong, former vice
mayor of
In the 10 months before his arrest in late 2008, Huang
traveled between the Chinese mainland and Hong Kong and
Article in Chinese: http://www.caijing.com.cn/2009-01-08/110046216.html