Chinese businessman accused of $129 million fraud allegedly hides money in New Zealand

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A wealthy Chinese businessman allegedly stole $129 million in his homeland and concealed the fortune in New Zealand through complex money laundering transactions, while forging political links to support his controversial citizenship bid. One transaction is alleged to have been a $2.3 million sum "filtered" through Auckland's SkyCity casino to buy an apartment in the Metropolis tower with cash.

Read the story by Jared Savage in The New Zealand Herald.

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