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10.10.26 - 03:33
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Nevada ′Runaway Bride′ Who Married Multiple Men To Fund Gambling Addiction Ordered To Repay $280,000 (ZeroHedge)
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Nevada 'Runaway Bride' Who Married Multiple Men To Fund Gambling Addiction Ordered To Repay $280,000
A Nevada woman who allegedly used a string of marriages to extract money from unsuspecting men has been ordered to repay more than $280,000 after pleading guilty to bigamy and financial fraud, according to CourtTV.
Jiaying Chen, 33, was accused of maintaining a yearslong operation in which she pursued romantic relationships, married multiple men and obtained significant amounts of money before abandoning them. Investigators said she went through five marriages in just the past year. Clark County records also revealed that Chen sought 14 marriage licenses between 2019 and 2024, with seven ultimately resulting in documented marriages.
During an October 6 court hearing, prosecutors detailed the financial damage suffered by nine men, whose individual restitution claims ranged from approximately $8,100 to $81,000. One victim described making five separate trips to China in an unsuccessful effort t...
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09.10.26 - 03:01
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Finance or gambling? Prediction-market players push for regulatory clarity in Asia (SCMP)
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Fintech industry executives have stepped up lobbying for clearer regulations regarding prediction markets as they attempt to distance the business from gambling and also play down its risks.
The calls, made at Thursday's iFX Expo Asia in Hong Kong, come as regulators and legal experts in the city and across Asia debate whether such platforms should be regulated as financial products or as a form of gambling.
“There is so much uncertainty,” said Nicholas Baumer, chief commercial officer of the......
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