Fouad al-Zayat was born in 1941. He is a Syrian born famous trader, capitalist and also a gambler. He emerged many companies most prominently the Mortimer Off-Shore Services Ltd. His son in law and son are operating this resort nowadays.
Al-Zayat’s as a gamester
Fouad al-Zayat is a reputed extravagant bettor. He was called the whale in the casino industry. His rolling style was certainly different. According to his word, while he seemed the rotating wheel it was looped to him and it took away his mind out of all worlds of thought except for the game. He also told that the money wasn’t any fact in gambling! Within few years, al-Zayat bet £91.5 million and spoiled £23.2 million at the Mayfair club. Aspinall brought a petition against al-Zayat and acquitted of loan charges. He clogged in the debt from blackjack losses in 2000. The court-mandated al-Zayat for paying the debt. He appealed against the petition later and was succeeded.
Al-Zayat sued casinos
Fouad Al-Zayat lost a huge wealth at gambling and asserting the casinos were illegally approved his credit. He was one of the famous fruitful and stealthy gamblers. The high roller was called fat man when he was a continuous player in London casinos. Across 15 years, this Syrian rich man lost a huge amount of his profusion under the reel of the gambling wheel. The reason for bringing the petition was partially known. He was possessing assuredly that the casino allowed him to credit unlawfully. Former he won the High Court because his lawyers effectively argued for the removal of debt of Aspinalls.
Fouad al-Zayat was connected to bribery!
Al-Zayat was trying to fudge his contacts with an arms kickback case that was placed in Greece. He was residing in Lebanon from 2013 because he was supposed to get arrested for bribery and money bleaching. At that time, Cypriot minister Dinos Michaelides was also found fault of money bleaching. They along with Al-Zayat also sentenced to prison. When Al-Zayat was charged he and his lawyer refused the charges and told that Michaelides had untruly smeared his clients. Cyprus got issued the arrest permission against him due to having contact with a debt he had taken from Laiki Bank that was unscriptural.
Fouad Al-Zayat’ death
Fouad al-Zayat was suffering from cancer and then died. His dead body was transferred to Cyprus and was buried without any issues.