Cheong Wai Leng

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    Junket’s investment scheme was a loan: Macau court

    Macau’s Court of Second Instance has ruled an investment scheme offered by a junket operator was in fact a loan, and must be repaid, TDM reports. According to the news outlet, in 2009,  junket operator Cheong Wai Leng was offering returns of 3 percent a month in return for “investment” in the junket operator’s business. […]