One autumn day in 2015, billionaire property developer Philip Dong Fang Lee strode into The Star’s Pyrmont casino complex, with its luxury shops and high-end restaurants, and to its VIP gambling area.
The high roller – who is being pursued by the Australian Taxation Office – handed over one of his 20 China UnionPay cards. Star’s hotel lobby staff swiped the card 12 times, each transaction totalling $990,000, just below the maximum allowed on National Australia Bank terminals.
Elouise FowlerReporterElouise Fowler is a journalist for The Australian Financial Review based in the Melbourne office. Connect with Elouise on Twitter. Email Elouise at elouise.fowler@afr.com.au
