A Japanese Laundry Worth $1 Billion?

He remains a legend in Las Vegas. Flying in from Tokyo on his private DC-9, often accompanied by dozens of his friends, Ken Mizuno would hit the baccarat pits at the glittery Mirage Hotel & Casino, at times dropping $100,000 on a single hand. Local officials estimate that over a three-year period, Mizuno lost as much as $60 million at the tables. The problem was, law-enforcement officials in the U.S. and Japan now believe, the cash wasn't his to spend.

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