Cambodian casino owner absconds with $3.7m in stolen funds

The hunt is on for a Cambodian casino operator who appears to have fled the country with millions of dollars in stolen funds.

On Tuesday, the Khmer Times quoted Svay Rieng provincial police saying that two Indian nationals had been arrested for cheating the Titan King Casino in Bavet out of $3.7m.

The men were arrested following a fraud complaint by Kith Thieng, the brother Kith Meng, chairman of the Royal Group conglomerate, which owns the Titan King.

However, a later report by the Cambodia Daily claimed the two men worked for a second licensed gaming facility that rented space within the sprawling Titan King compound. The owner of this second facility, who police have yet to publicly identify, is also believed to be a foreign national.