Dominic Sim, a 37-year-old Singaporean, has been charged with deceiving Solaire Resort and Casino Manila.

Solaire representatives said that Sim was a junket operator in the casino in 2013. He used to buy chips from the casino to pass on to the gamblers. In February 2014, Sim allegedly used a fraudulent wire transfer in a bid to trick the casino into releasing US$30m worth of chips.

The casino issued him $8m worth of chips but Sim was confronted when the transfer did not push through. After months of excuses from Sim for not returning the money, Solaire was pushed to file a police report and eventually recovered $3m worth of chips.

Sim was arrested on April 21 and was charged on May 14. Sim is out on bail but is not permitted to leave the Philippines.