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Two Found Guilty of Loan-Sharking at Foxwoods Casino3 September 2002NEW HAVEN, Connecticut -- As reported by the Associated Press: ``Two Chinese nationals have been found guilty of loan-sharking at Foxwoods Resort Casino, the first loan-sharking convictions in connection with Connecticut casinos. ``A 12-member federal jury deliberated for three hours Friday before convicting Xiao ''Steven'' Chen of New York and Gong Chai Sun of California on charges of extortion and conspiracy. ``Chen, the alleged ringleader, faces up to 60 years in prison, while Sun faces up to 40 years. ``...`This is a case about greed,' said U.S. Assistant Attorney Michael R. Sklaire. ``...Two victims testified about what happened when they failed to pay back their loans. ``Inguan 'Richie' Teoh, the former owner of two Chinese restaurants in Atlantic City and Flushing, N.Y., testified that Chen and one of his collection agents threatened to blow up Teoh's restaurant. Teoh owed Chen $20,000. ``...The convictions are the first in what police hope will be a series of casino loan-sharking convictions at Foxwoods and Mohegan Sun Casino..." |