🖐 FBI Raids Imperial Pacific HQ on Saipan, Governor's Office Also Targeted

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Lawsuit: Saipan's Imperial Pacific Resort Hotel and Casino was built by contractors who mistreated and threatened their imported Chinese.


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Saipan: Supertyphoon could put Pacific Resort casino out of business
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Hong Kong owner of Pacific island casino sued over forced labor, trafficking claims - Reuters
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Imperial Pacific ordered to pay US$ million to former Saipan IR contractor China, Cambodia arrest almost 1, suspects in in online sued IPI for breach of contract after the Saipan casino operator refused to pay.


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FBI raids on the island of Saipan of the offices of Ralph Torres (above), mark over the future of the island as a gambling paradise for Chinese.


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USA: "Many" Chinese construction workers on Saipan island were reportedly injured or died building Imperial Pacific casinos; company denies allegations. ".


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Call for investigation after accident at CNMI casino site that happened at the construction site of the Imperial Pacific International resort in Saipan. In , a year-old Chinese worker died after falling off scaffolding.


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The storm's damage slowed visitor arrivals and cut gambling Construction continues at the Imperial Pacific casino in Saipan pictured November 23, the Philippines, the report states, and about 21% are from China.


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More than six months after super typhoon Yutu battered Saipan, engine of growth – a Chinese-funded casino project - is mired in deep losses.


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Feds also raided offices of Imperial Pacific International in Saipan

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FBI raids on the island of Saipan of the offices of Ralph Torres (above), mark over the future of the island as a gambling paradise for Chinese.


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FBI Raids Imperial Pacific HQ on Saipan, Governor Also Targeted the Chinese company currently building the Imperial Palace Casino on the.


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World news - Casino woes drain Saipans typhoon recovery

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Seven Chinese construction workers made the claim via a filing on Friday to the Federal Court in Saipan, part of the Northern Mariana Islands.


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Abandoned La Fiesta Mall Saipan - Dead Mall of the CNMI

Muhammad Cohen. Thank you for signing in. Deemed too big to fail, IPI is failing. I agree to receive occasional updates and announcements about Forbes products and services. This is a BETA experience. Imperial Pacific Intnernational Holdings. You may opt out at any time. Forbes takes privacy seriously and is committed to transparency. A room beachfront hotel was supposed be finished by July 31, , a deadline extended to August 31 last year, and then to February 28, Saipan features dramatic scenery, crystal blue waters and more than a half-dozen golf courses. Pacific island, part of the Commonwealth of Northern Marianas Islands. As editor at large for Inside Asian Gaming following nearly a decade as a special correspondent for Macau Business magazine, I cover the casino business in Macau and. I'd like to receive the Forbes Daily Dozen newsletter to get the top 12 headlines every morning. Perhaps the Rotarians can teach Imperial Pacific International how to operate a profitable casino on the U. Lobby of the room beachfront hotel in Saipan that Imperial Pacific International was supposed to The Hong Kong listing company is seeing revenue tank amid mountains of uncollected player debt. In Hong Kong, I returned to print at Bloomberg as a regional business editor, worked as an editor at both Hong Kong English language dailies and headed Asia-wide media relations for a top US multinational. Many on the site, where a laborer died, were working illegally on tourist visas, living in squalid dormitories and underpaid, attracting U. Read Less. Halegua was part the team that successfully won back wages from IPI and is now suing for further compensation for workers injured on the site. Please help us continue to provide you with free, quality journalism by turning off your ad blocker on our site. Labor remains a bottleneck. All Rights Reserved.{/INSERTKEYS}{/PARAGRAPH} The impact of this sudden tumble in collections is huge. Worse, after providing more than half the CNMI budget in fiscal , IPI is failing to deliver government revenue, a justification for casino legalization despite consecutive referendums that voted no. As editor at large for Inside Asian Gaming following nearly a decade as a special correspondent for Macau Business magazine, I cover the casino business in Macau and throughout Asia. These players do not usually require credit, their spending is not limited to prepaid tour groups, and they could have had the greatest positive economic effect on the island, however [IPI] did not have any hotel rooms available for this market segment. Edit Story. {PARAGRAPH}{INSERTKEYS}If this is your first time registering, please check your inbox for more information about the benefits of your Forbes account and what you can do next! But difficulties run deeper. You can follow me via my website www. Apr 26, , am EDT. We will never share your email address with third parties without your permission. Imperial Pacific Internatinoal Holdings. Labor Department scrutiny. The company, which chose not to comment for this article, has said that its business was devastated by Typhoon Yutu last October, and recovery has been slow. Most Popular In: Asia.