Local Steakhouse Manager Arrested in Alleged $1M Embezzlement Scheme

LAS VEGAS, NV — The manager of a popular Las Vegas hibachi and sushi chain is facing heavy felony charges after police uncovered a sophisticated embezzlement scheme that allegedly siphoned nearly $1 million from the business.

The Shadow Ledger

Fei Yang, 38, was arrested last week following a detailed financial audit of the Ohjah Japanese Steakhouse location on Oso Blanca Road. Las Vegas Metropolitan Police allege that between 2022 and late 2025, Yang diverted $924,649 in revenue—specifically targeting funds from third-party delivery services like Uber Eats and DoorDash—into his personal bank accounts.

Crypto and Casino Activity

According to the arrest report, the paper trail revealed a pattern of “money laundering” consistent with high-stakes gambling. Police noted:

Digital Assets: Significant transfers were made from the stolen funds into various cryptocurrency and investment platforms.
Casino Play: Investigators observed “significant casino activity” across multiple local accounts tied to Yang.

Legal Standing

Yang has been charged with Theft of more than $100,000. He was released from the Clark County Detention Center after posting a $20,000 surety bond. Prosecutors are expected to file a formal criminal complaint in the coming days. Representatives for Ohjah Japanese Steakhouse have not yet commented on the financial loss.

Source: Las Vegas Review-Journal, 8 News Now Investigators.