US - A nun addicted to gambling has escaped being jailed after a court heard she stole more than $1million to spend on slot machines. Sister Marie Thornton stole the cash from a Catholic college where she worked as a financial officer. The 65-year-old would spend thousands on slot machines in casinos in Jersey’s Atlantic City. [...]
Posts Tagged ‘fraud’
Nun with gambling addiction stole more than $1m
Tuesday, November 15th, 2011$120 Billion in stolen Chinese money estimated to have been laundered through Macau casinos
Tuesday, July 26th, 2011ASIA - A major escape route for the billions of dollars fleeing China each year is the gambling tables of the casinos of Macau, by far the world’s largest gambling centre. The spotlight fell last month on the question of domestic capital flight after the People’s Bank of China mistakenly posted a recent study on its [...]
A-list actors could face six months in jail for illegal poker ring
Thursday, June 23rd, 2011US – “Spider-Man” star Tobey Maguire is among over a dozen Hollywood celebrities being sued in connection with a illegal gambling ring that ran high-stakes underground poker games in Beverley Hills, according to a bombshell report. New York Post & Fox News
Illinois casino expansion might provide new opportunity for “The Outfit”
Tuesday, June 21st, 2011US – On the 25th anniversary of the Spilotro slayings (immortalised in the film Casino), the mob in Chicago has been weakened by dozens of convictions within its hierarchy, but it has not faded away, according to organized-crime experts. Chicago Tribune.
Multiple NFL players face discipline for gaming investment
Sunday, June 19th, 2011US - The NFL has a high degree of sensitivity regarding gambling, even though gambling is responsible for a major chunk of the league’s TV ratings. People who bet on football games typically like to watch the games on which they’ve bet, and the NFL typically likes that. And while the league implicitly acknowledges the [...]
Gambling addiction leads many down criminal road
Sunday, June 19th, 2011US - Casino operators said they’re not responsible for spotting criminals who blow ill-gotten gains at slot machines and table games. They report suspicious transactions to the Internal Revenue Service, track wins and losses of $10,000 or more and turn over records of high-stakes gambling when prosecutors ask. PITTSBURGH TRIBUNE-REVIEW
Billionaire gambling tycoon is new Tory treasurer
Tuesday, June 7th, 2011UK – David Cameron last night recruited a billionaire gambling magnate to raise funds for the Conservative Party – despite reports that he may have dodged tax in the past. Daily Mail.
Alabama gambling trial offers peek inside politics
Tuesday, June 7th, 2011US – The public will get a graphic, behind-the-scenes look at state government when a trial begins Monday in the biggest government corruption case ever to come out of the Alabama Legislature. Westport News.
Philly mob, once written off, has bounced back
Monday, May 30th, 2011US - Just a few years ago, federal authorities thought they had the Philadelphia-area mob close to sleeping with the fishes: One boss had turned government informant, his successor was convicted of racketeering and the underworld organization seemed in disarray. But a federal grand jury report unsealed Monday, announcing charges against the top two reputed Philadelphia [...]
The rise and fall of Berlin gambling king Ante Sapina
Thursday, May 19th, 2011EUROPE - It is the summer of 2006, and Germany is enraptured by soccer, with the World Cup under way here at home. That goes for Berlin too, the location of Café King, whose slogan is “we bet you’ll come back again.” Ante Sapina is there, and he’s making big plans. The German-Croatian wants to globalize [...]
