Macau gaming firm narrowly avoids €249m theft attempt

Macau authorities have detained a Canadian man for allegedly attempting to steal €249m from a local gaming operator.

On Saturday, Macau’s Judiciary Police (PJ) announced that it had detained a 61-year-old ethnic Chinese man who holds Canadian citizenship. This man, identified only as Leao, had attempted to convince a local bank to transfer the enormous sum of money to a Hong Kong bank account held under his name.

PJ spokesperson Leng Kam Lon said Leao had entered an unidentified Macau bank last Monday and presented bank officials with a remittance slip and a letter of authorization purportedly issued by the unidentified “local entertainment company” okaying the transfer.

Bank officials grew suspicious of the transfer request after comparing the signature on the authorization letter to the sample signature in the bank’s records. Upon being told that the bank wasn’t prepared to authorize the transfer, Leao immediately legged it, taking the two apparently bogus documents with him.