Blockchain
April 25, 2022
Man Arrested in New York over $1.8m Crypto Mining Fraud
Cryptocurrencies are associated with fraud, but law enforcement is getting increasingly better at cracking down on fraud on all levels of the blockchain. The case of Chester J. Stojanovich is another example of how efficient the US Department of Justice has become in cracking down on financial crime pertaining to the sector. Man Promises Unlimited […]
Sports
April 22, 2022
David Stroj Breached the Terms of His Parole by Gambling in Las Vegas
David Stroj, a person with ties to organized crime, has broken the terms of his supervised release by gambling in Las Vegas casinos. The man did not receive permission from his parole officer. David Stroj Gambled without Contacting His Officer Stroj, also known by his alias “Fat Dave,” has been on a three-year supervised release […]
Casino
April 22, 2022
Nevada Gaming Control Board Opens an Investigation into Resorts World
The Nevada Gaming Control Board has decided to open up an investigation into Resorts World Las Vegas over allegations that a gambler raised against the company’s president, Scott Sibella. According to the allegations, Sibella lied about his relationship with the gambler and that a Strip restaurant is partially owned by a felon. Brandon Sattler Claims […]
Casino
April 21, 2022
Fire in Bridger Casino Led to the Deaths of Two People
An unfortunate turn of events has led to a devastating fire in a Montana casino. Sadly, two people have found their deaths at the engulfed gambling venue. Two People Perished in the Flames The fire erupted on Wednesday morning at Honest Tom’s Saloon & Casino in Bridger. As of the time of this writing, the […]
Blockchain
April 21, 2022
Monero Remains Most Used Ransomware Cryptocurrency
A new report by crypto and blockchain analytics firm CipherTrace has taken a look at the increased use of privacy-oriented cryptocurrencies such as Monero that are continuing to be a preferred payment option for criminals who launch ransomware attacks on civil and governmental infrastructure across the world. Monero Is Go-To Cryptocurrency for Ransomware Hackers Monero […]
Blockchain
April 21, 2022
US Secret Service makes crypto busts worth $102M since 2015
The US Secret Service (USSS) has been busy for sure. Since 2015, the USSS, which is known for protecting the nation’s presidents and elected officials, has been hunting down fraudulent cryptocurrency transactions. A total of $102 million in crypto assets has been seized since the USSS got on the job, working on more than 254 […]
Legal
April 20, 2022
Poker Wade Woelfel Faces Third-Degree Murder Charges
Wade Woelfel, an established online poker player, who has amassed hundreds of thousands in live winnings and has been known as one of the most capable poker pros of his generation, is facing criminal charges that can put him away for up to 25 years. The Unintended Death of a Man Earlier this year, the […]
Legal
April 20, 2022
New York: Illegal Gambling, Racketeering Leader Sentenced
A 56-year-ord Staten Island resident that spent more than a decade in federal prison was sentenced once again earlier this week. The man now faces more than 4 years in prison for leading a criminal group, running illegal gambling venues and other criminal offenses. Ex-prisoner Receives a New 4-Year Prison Sentence The Department of Justice, […]
Casino
April 20, 2022
Mexico Gaming Regulator Potentially Linked to Extorting Casinos
Fraud is well-documented in the casino and gambling world. Sometimes, it’s nefarious parties that try to launder money through casinos that are happy to turn a blind eye if there is enough money coming in as was the case with Crown Resorts in Australia. In other instances, it may be the casinos participating in some […]
Legal
April 18, 2022
POM’s Lawsuit against BLCE Alleges Collusion with Casinos
Developer of skill games Pace-O-Matic (POM) filed a lawsuit against the Pennsylvania Bureau of Liquor Control Enforcement (BLCE), claiming the regulator engaged in coordinated actions to harass Pennsylvania Skill location owners and operators. ‘Betrayal of the Public Trust’ POM filed the complaint in Commonwealth Court requesting the court to permanently block BLCE, alleging the regulator […]
