..

Feds Accuse Casino Execs of Stealing Millions

Written by:
Guest
Published on:
Jan/09/2017

An indictment handed down by a federal grand jury Thursday accuses executives of one US casino of stealing at least $6 million.

The 69-count indictment accuses Paskenta Band of Nomlaki tribe’s longtime economic development director and former FBI Agent John Crosby and his mother Ines Crosby of spending millions in tribal funds on their homes and vacations to New Zealand and the Caribbean from January 2009 to May 2014. John Crosby, 53, allegedly looted $838,000 in tribal money to buy a home. His mother is accused of buying $150,000 worth of gold coins and precious metals.

Funds were stolen from the Rolling Hills Casino in Northern California.

Former tribal treasurer Leslie Lohse, 62, is charged with making payments for her personal credit cards with tribal funds and of lying to federal investigators that she received a $5 million line of credit from the tribe.

Tribal Chairman Andrew Alejandre said in a statement that the defendants “terrorized” tribal members and stole money from tribal elders, leaving them “destitute.”

“The tribe hails the decision by the grand jury to issue this indictment, which represents a significant step towards vindication and justice for the tribe,” Alejandre said.

Investigators say the casino officials were able to conceal their far-reaching scheme by hacking the casino’s computer database and destroying the tribe’s financial records.

- Jagajeet Chiba, Gambling911.com  

Gambling News

DraftKings and BWin Parent Company Extend the Deadline on Their $22.4 Billion Merger Deal

DraftKings and Entain have agreed to extend negotiations over the U.S. sports betting powerhouse's $22.4 billion offer to buy the British gambling company until November 16.

Six Schools Officially Apply to Join American Athletic Conference

Six Schools Officially Apply to Join American Athletic Conference

Florida Atlantic, Charlotte, North Texas, UTSA, Rice and UAB have each officially requested to join the AAC.  This comes as red hot Cincinnati along with Houston and UCF will soon be joining the Big 12.  And all of this leaves Conference USA decimated.

NBA and MLB Betting Action - October 19

NBA and MLB Betting Action - October 19

The 2021-22 NBA regular season tips off tonight with a doubleheader on TNT.

Bills Favorite Status to Win Super Bowl Short Lived After Loss to Titans

Bills Favorite Status to Win Super Bowl Short Lived After Loss to Titans

We reported on how the Bills became the first team not named the Chiefs or Bucs in 606 days to become the new Super Bowl favorite, but that lasted less than 24 hours.

Thousands of Online, Sports Bets Placed on First Day in CT

Thousands of virtual bets started being placed early Tuesday, the first day that online sports wagering and casino games were made available to all eligible adults within Connecticut.

Syndicate