The FBI in Las Vegas has charged two Hong Kong businessmen and are searching for three others in connection with alleged casino cheating. A US District Court has ordered estate agents Lee Chi-pang, 41, and John Lok-chun, 40, be held in custody, and warrants have been issued for the arrest of Yung Han-yuen, 38, Lam Kam-kong, 38, and Wu Chi-ming, 34. It is alleged the five belong to an organised Asian ring which cheated the Las Vegas Hilton, MGM Grand and Desert Inn out of about US$700,000 (HK$5.4 million), with the help of local Chinese dealers. According to the 52-page indictment, members would go to a casino and play mini-baccarat at a table worked by a conspirator dealer. Through a series of false shuffles, several players would control play by memorising the cards. The Organised Crime Strike Force of the US Attorney's Office launched its investigation in June 1995. The FBI and state gaming officials obtained a 42-count indictment in April, but they waited until Lee and Lok returned to Las Vegas from the territory last week before arresting them. At Monday's court hearing they were identified by their lawyers as successful Hong Kong businessmen who regularly flew to Las Vegas to wager hundreds of thousands of dollars. Assistant US Attorney Eric Johnson said the last time Lee went to Las Vegas he gambled US$125,000 (HK$965,000) at the Monte Carlo. Lee's attorney Steven Stein said casino records would show his client had lost considerable sums of money.