Caesars Lures Wal-Mart Pro For Anti-Money Laundering Role
Law360, New York (February 03, 2015, 10:22 PM ET) — Casino operator Caesars Entertainment Corp. has created a new anti-money laundering position in the wake of federal inquiries into its practices, hiring away a top compliance expert from Wal-Mart Stores Inc., according to a spokesman.
Former Wal-Mart compliance expert Ben Floyd started at Caesars on Jan. 20, according to Caesars spokesman Gary Thompson, and will head up efforts to avoid trouble in those areas.
Floyd will “oversee our Bank Secrecy Act and anti-money-laundering operations,” Thompson said, saying the company has been working hard to institute better…
