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Why Adelson kept spending the BIG Bucks
http://www.huffingtonpost.com/2013/03/02/las-vegas-sands-corruption-investigation_n_2797915.html?ref=topbarMarch 2 (Reuters) - Las Vegas Sands Corp said it "likely" violated the federal Foreign Corrupt Practices Act, which outlaws the bribery of foreign officials, according to a Securities and Exchange Commission filing on Friday.
The filing marks the first disclosure by the casino operator, controlled by founder and billionaire Republican donor Sheldon Adelson, that is was under investigation.
The SEC subpoenaed company documents in February 2011 relating to its compliance with the antibribery act while the U.S. Department of Justice also advised Sands it was conducting an investigation, the company said in its annual report filing.
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