LAS VEGAS – The son of a wealthy Malaysian businessman accused of running an illegal sports betting ring together during the World Cup is pleading guilty to a lesser charge to return home.
Darren Wai Kit Phua was arrested in July with his father and several others after federal agents raided a Caesars Palace villa where they were staying and seized computers, cell phones and cash.
As part of the plea, Phua will be on unsupervised probation for five years and is agreeing to forfeit $125,000 seized during the raid and pay a $100,000 fine.
Defense attorney Richard Shonfeld (SHAWN-feld) says after spending nine months away from family and friends the 23-year-old was ready to go home.
A trial date for his father Wei Seng "Paul" Phua is set for April.