Former Las Vegas casino executive to be sentenced in bookmaking money laundering case
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 articles
- The Eurovision Semi Final has concluded with some shock results as Ireland celebrated getting throug2024-05-09
More than 50 aerospace information companies registered in Xiong'an New Area: official
SHIJIAZHUANG, April 25 (Xinhua) -- More than 50 companies in the aerospace information sector have b2024-05-09Colts take first defensive player of NFL draft, UCLA edge rusher Laiatu Latu at No. 15
INDIANAPOLIS (AP) — Laiatu Latu kept believing he would play in the NFL one day, even after team doc2024-05-09Fallout v Halo: As Fallout 4 drops its next
As Fallout 4 players celebrate the release of the long-anticipated free next gen update on PS5 and X2024-05-09PSG faces a difficult rebuilding task without Mbappé as the curtain falls on superstar era
PARIS (AP) — Kylian Mbappé will become the latest expensive superstar to leave Paris Saint-Germain w2024-05-09Growing public debt burden, shrinking fiscal space leave Africa at crossroads: UNECA
ADDIS ABABA, April 23 (Xinhua) -- The growing burden of public debt due to climate-related disasters2024-05-09
atest comment