Member LoginMember Login - User registration - Setup as front page - Add to favorites - Sitemap Former Las Vegas casino executive to be sentenced in bookmaking money laundering case !

Former Las Vegas casino executive to be sentenced in bookmaking money laundering case

Time:2024-05-09 06:13:31 source:Stellar Site news portal

LOS ANGELES (AP) — A former top executive for major Las Vegas casinos was set to appear before a federal judge on Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash.

Scott Sibella pleaded guilty in January to violating federal anti-money laundering rules that require casinos to file reports of suspicious transactions. He faces up to five years in prison and a $250,000 fine.

Following Sibella’s guilty plea, the MGM Grand and nearby Cosmopolitan of Las Vegas settled a related U.S. Justice Department money laundering probe. The resorts agreed to pay a combined $7.45 million, submit to an external review and step up their compliance programs.

Sibella’s attorneys, Jeffrey Rutherford in Los Angeles and John Spilotro in Las Vegas, were seeking leniency and a sentence of probation from U.S. District Judge Dolly Gee in Los Angeles. They submitted testimonial letters of support to the judge on Friday, including one from Clark County Sheriff Kevin McMahill, the elected head of the Las Vegas Metropolitan Police Department.

Related information
  • Ole Miss frat boy who made shocking racist gestures towards black female pro
  • The plate as palette: Set the table and the mood with the latest in creative dishware
  • Nootbaar, Gibson spark Cardinals to 5
  • Norfolk Southern's earnings offer railroad chance to defend its strategy ahead of control vote
  • PSG faces a difficult rebuilding task without Mbappé as the curtain falls on superstar era
  • Billionaire Texas oilman inks deal with Venezuela's state
  • Election 2024: Casey, McCormick to face each other in Pennsylvania Senate race
  • Taylor Swift fans go ballistic as Kim Kardashian FAILS to address the not
Recommended content
  • Families of the victims of attacks on displaced people in Congo mourn their dead
  • Kansas' governor vetoed tax cuts again over their costs. Some fellow Democrats backed it
  • Forsberg and Beauvillier each get a goal and an assist and Predators knock off Canucks 4
  • Nootbaar, Gibson spark Cardinals to 5
  • Dozens still missing after Monday's South Africa building collapse. 7 confirmed dead
  • Bengals pick up fifth