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US govt files forfeiture action for Dynasty’s $2.5M payment
The U.S. government has filed a civil action for the forfeiture of $2.5 million that the owner of Tinian Dynasty Hotel & Casino has agreed to pay as part of the $3.03 million settlement of a criminal case.
Assistant U.S. attorneys Marivic P. David, Russell Lorfing, and Ross Naughton, as counsel for the U.S. government, filed the complaint Friday in the U.S. District Court for the NMI.
The prosecutors asked the court to enter a judgment in the U.S. government’s favor to enforce the forfeiture of the $2.5 million.
Tinian Dynasty has agreed to forfeit the $2.5 million to the U.S. government pursuant to a non-prosecution agreement.
Last month, U.S. District Court for the NMI Chief Judge Ramona V. Manglona dismissed without prejudice the criminal charges against the owner of Tinian Dynasty, Hong Kong Entertainment (Overseas) Investments Ltd., based on the U.S. government’s request.
Dismissed without prejudice means the prosecution can re-file the charges in the future.
The new owners of Hong Kong Entertainment and the U.S. government have agreed not to prosecute the criminal case against HKE in exchange for HKE’s forfeiture of $3.03 million.
The parties entered into a non-prosecution agreement that requires Tinian Dynasty to forfeit $3,036,969.12—the largest forfeiture ever collected by the U.S. in the CNMI.
