Feds Investigating FCPA Allegations Against Kazuo Okada

Law360, New York (April 10, 2013, 7:39 PM EDT) -- Federal prosecutors are reportedly investigating allegations that former Wynn Macau Ltd. director Kazuo Okada made illegal payments to foreign gaming regulators to further his own development of a casino in the the Philippines, in potential violation of the Foreign Corrupt Practices Act.

Federal prosecutors told a Las Vegas state judge Monday they were conducting a criminal investigation that overlapped with issues in a Nevada state court lawsuit between Wynn Resorts Ltd. and Okada, according to a report in the Las Vegas Review-Journal. Wynn claims Okada, the...
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