Carson Yeung, the Hong Kong tycoon who is on trial in Hong Kong for alleged money laundering admitted in Court that he accepted 12 wire transfers totalling approximately $2 million in funds from a Macau casino that were sent by an alleged Triad boss – Cheung Chi Tai. Mr. Cheung is also alleged to have had ties to a junket operator named Neptune Group. Junket operators brings wealthy residents from Mainland China to Macau to gamble. Mr. Cheung is alleged to be the boss of the Wo Hop To, a Hong Kong based Triad gang located in Wan Chai. Mr. Yeung maintains that he became wealthy running his hair salon in Hong Kong and trading in penny stocks.