"Vegas Dave" Indicted by the Feds
Page 1 of 3 123 LastLast
Results 1 to 35 of 87

Thread: "Vegas Dave" Indicted by the Feds

  1. #1
    Just Drawn This Way Squarepants's Avatar
    Join Date
    Oct 08, 2010
    Location
    Las Vegas
    Posts
    2,565

    Default "Vegas Dave" Indicted by the Feds

    I don't keep up with this sort of thing -- guys claiming to have a crystal ball constantly come and go out here -- so I don't know how much notoriety this guy has.

    But he caught the attention of the feds in any event.

    While he allegedly used false SS numbers to place large bets at casinos, which is fairly explicit misconduct, the prosecution does indicate that the feds take these currency tracking requirements fairly seriously.

    Which is the point. This is what they do. They find high profile defendants on some issue that they've got a hard on about precisely so that it will become a newsworthy item and make others think twice about whether they also might get prosecuted for related behavior.

    https://www.reviewjournal.com/crime/...urity-numbers/
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  2. #2
    EOG Addicted
    Join Date
    Jul 23, 2010
    Location
    Las Vegas
    Posts
    948

    Default Vegas Dave indicted

    for using phony social security numbers to open player accounts at local casinos and sports books.

  3. #3
    Just Drawn This Way Squarepants's Avatar
    Join Date
    Oct 08, 2010
    Location
    Las Vegas
    Posts
    2,565

    Default Re: Vegas Dave indicted

    Looks like we saw the report at just about the same time, Boys:

    http://forums.eog.com/showthread.php...ed-by-the-Feds
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  4. #4
    Just Drawn This Way Squarepants's Avatar
    Join Date
    Oct 08, 2010
    Location
    Las Vegas
    Posts
    2,565

    Default Re: "Vegas Dave" Indicted by the Feds

    Bump for effect
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  5. #5
    EOG Addicted
    Join Date
    Jul 23, 2010
    Location
    Las Vegas
    Posts
    948

    Default Re: Vegas Dave indicted

    I'm slow since I type with 1 finger.

  6. #6
    EOG Dedicated
    Join Date
    Aug 30, 2005
    Location
    Corruptafornia
    Posts
    37,613

    Default Re: "Vegas Dave" Indicted by the Feds

    I think this guy used to post at the RX or someone using that handle.....in any event a real scummer

  7. #7
    EOG Dedicated Heim's Avatar
    Join Date
    May 30, 2006
    Location
    Anaheim Hills
    Posts
    16,961

    Default Re: "Vegas Dave" Indicted by the Feds

    Somewhere in PA Groovin is doing cartwheels.... Our local ABC affiliate had this guy on a couple of times as a gambling expert. He fooled mainstream that's about it.

  8. #8

    Default Re: "Vegas Dave" Indicted by the Feds

    Have to believe the sportsbook is culpable also.

    They don't have the guy "in the system" with SSN and are allowing him to cash and fill out CTR's with a whole bunch of different SSN's / names? Vegas Dave must have been greasing someones palms to get away with that stuff.

  9. #9
    www.gabewins.com Baseball Zealot's Avatar
    Join Date
    Mar 20, 2016
    Location
    Los Angeles California
    Posts
    6,178

    Default Re: "Vegas Dave" Indicted by the Feds

    You dont have to show a card? Just need a number?

  10. #10

    Default Re: "Vegas Dave" Indicted by the Feds

    I had to fill out one way back at Stardust when I was on a heater in the book and had no idea what was going on. Guy who paid me said it was required for 10k transaction. I didn't receive any paperwork and my name was just logged on a sheet of paper that looked like an Excel spreadsheet. Had to show driv license, and this was before 2001.

  11. #11
    TYVM Morgan William!!! winkyduck's Avatar
    Join Date
    Aug 22, 2005
    Location
    Playboy Mansion
    Posts
    26,913

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by Heim View Post
    Somewhere in PA Groovin is doing cartwheels.... Our local ABC affiliate had this guy on a couple of times as a gambling expert. He fooled mainstream that's about it.
    On Twitter, he is as happy as if he just won the Lottery.
    The mind is a terrible thing to waste unless we are talking about the MORONS who post at Covers where the collective Sports Gambling IQ for the ENTIRE site is.................4!!! and even that might be too high

  12. #12
    Just Drawn This Way Squarepants's Avatar
    Join Date
    Oct 08, 2010
    Location
    Las Vegas
    Posts
    2,565

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by ChiTownJoe View Post
    I had to fill out one way back at Stardust when I was on a heater in the book and had no idea what was going on. Guy who paid me said it was required for 10k transaction. I didn't receive any paperwork and my name was just logged on a sheet of paper that looked like an Excel spreadsheet. Had to show driv license, and this was before 2001.
    They've ramped up the requirements even more since then.

    Believe it all was governed by Nevada gaming Regulation 6A back then.

    Since the time that I moved out here in 2003, the feds have required more stringent procedures than what formerly was in Regulation 6A.

    All ostensibly to fight money laundering supporting terrorism.

    Vegas Dave perhaps may be a douche, but I highly doubt that he's linked with Al Qaeda.

    As the saying goes, no crisis is being wasted by the government in expanding its powers.

    And, as I say, they use these high profile prosecutions essentially to instill fear in others who might attempt to circumvent the ever-tightening net of currency rules.

    Prosecuting some unknown schmo that no one never has heard about or ever will hear about doesn't have the same potential impact.
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  13. #13

    Default Re: "Vegas Dave" Indicted by the Feds

    Couldn't happen to a nicer person

  14. #14

    Default Re: "Vegas Dave" Indicted by the Feds

    I'm reading they got Dave on 137 false CTRs (Currency Transaction Reports) because of dual Social Security numbers.

    I'll guess more than half the reports emanated from Westgate.

  15. #15
    EOG Addicted
    Join Date
    Feb 15, 2017
    Location
    Santa Monica Mountains
    Posts
    869

    Default Re: "Vegas Dave" Indicted by the Feds

    What is the likely charge for him?

    He seems like an OK guy. Good self promoter. And, I do like his courage for putting his money where his mouth is.

  16. #16

    Default Re: "Vegas Dave" Indicted by the Feds

    In the words of Vegas Dave himself: "Oh shit."

  17. #17

    Default Re: "Vegas Dave" Indicted by the Feds

    Maybe that Bird he hired to go with him to the Super Show will testify on his behalf during sentencing.

  18. #18

    Default Re: "Vegas Dave" Indicted by the Feds


  19. #19
    EOG Addicted
    Join Date
    Feb 24, 2016
    Location
    Hell on Wheels
    Posts
    645

    Default Re: "Vegas Dave" Indicted by the Feds

    18 and life

  20. #20

    Default Re: "Vegas Dave" Indicted by the Feds

    Davie boy is going to get his oh shit pushed in by some big black dude in prison.

  21. #21

    Default Re: "Vegas Dave" Indicted by the Feds

    Dinky manages to fly straight even with a high times profile. Have to give him credit. These other idiots like Adam Meyer and Vegas Dave brought themselves down with their attention whoring, arrogance and stupidity.

  22. #22

    Default Re: "Vegas Dave" Indicted by the Feds

    [QUOTE=Dell Dude;4847930]
    Vegas Dave?- I have just upgraded his power rating. despite the indictment.

  23. #23

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by Dell Dude View Post

    I hate fake tits.

    They probably cut this guy a deal to sing.

  24. #24

    Default Re: "Vegas Dave" Indicted by the Feds

    Are all touts midgets?

  25. #25

    Default Re: "Vegas Dave" Indicted by the Feds

    This was an old post from Vegas Dave on Facebook...said he couldn't bet at Westgate.



    Vegas Dave
    December 2, 2015 ·


    Las Vegas Westgate is the biggest super sports book in the United States and will no longer take my bets.
    I have been keeping this issue quiet until a lot of my media commitments slowed down to allow me to write this article on how disappointed I am with the Westgate Sports Book in Las Vegas. I have been betting at this casino ever since I moved to Vegas. But a few months ago they told me they would no longer take any more bets from me.
    Most of you are assuming its because I cashed the $2.5 million dollar ticket on the KC Royals to win the WS. The truth is I had spread that wager among many casinos here in Vegas. I only won about half a million from the Westgate on the KC future bet. A few months ago I went to place some future bets at the Westgate for both college and pro football. Ed Salmon, who is the sports book director, was out of the country and their manager at the time Mark, said Salmon approved me to win $100,000 on college futures per team and
    $200,000 on NFL per team. I placed my bets and left.
    Later in the week I went back to shop lines for other teams. Mark told me that If I wanted to bet more on a certain team I could. So naturally I thought that my limits had been increased. The next day I came back and bet some of my previous teams again for more money. They accepted the bet and I left.
    A few weeks later I received an email from Jay Kornegay, the Westgate sports book manager, asking me to call him. I called him and he told me that I needed to return a few of the tickets I bet there ASAP. I thought I had a good relationship with Kornegay from the years I had placed bets at the Westgate. But apparently Salmon had given him instructions to call me and make me return the tickets. Keep in mind one of my tickets was +3500 and two weeks later it was +1500 because they had won their past two games, so the value had moved significantly in my favor. I told them “hell no,” Im not coming back two weeks after I placed my wager to get a refund. I told them “that’s complete bullshit.” Kornegay told me that I was not supposed to wager to win more than a certain amount on certain teams. I told them that when Mark told me I could bet more money on one team I automatically figured my limits had been raised. I said “This isn’t Walmart. You don’t get a refund on your bets. If I lose a bet do I get a refund too?”
    I told Kornegay to have Salmon call me. He did not call me. I emailed Kornegay multiple times to have Salmon contact me. Salmon mostly sits behind the sports book counters and does his numbers, but doesn't seem to be a sociable person. I have asked a few times to have a sit down meeting with him to go over my limits. Once we do that I would honor them. But Salmon has made no attempt to sit down with me. I even went to the Westgate on the day after I received that disturbing call but no one would talk to me. At first I determined to not refund these tickets, but then I thought long term and went down to the Westgate with the intention to return both tickets to keep our relationship on professional terms. Salmon told me to come back next week when Mark was working. I was extremely disappointed because I had gone out of my way to see him and to return the tickets. While I was there, they told me that they would no longer be accepting ANY of my bets. I’m pretty sure they were pissed that I had so much on the Royals as well, and they were in the playoffs. I told them, “See you in November to collect my Royals money!” as I exited the building.
    I have bet in many places in Vegas and have had no problem honoring the limits they set for me. It’s nice when each sports book manager takes the time to call me personally or sit down and tell me my limits. I have always followed these limits and honored them to the “T.”
    Bottom line, Salmon and Kornegay had accepted my bets and then printed me a ticket and handed them to me, so that is my bet. It is not returnable! Be mad at your employees who accepted, or more over, reprimand the manager that accepted it and overrode the approval. Every time I wager there is my players card is used, meaning you know who's betting and the exact dollar amount and team as well. If the manager approved and accepted the bet then it is a done deal. Telling me two weeks later to come back and return them, when the odds have dropped is unprofessional and laughable. Hold your manager and employees who accepted the bet accountable.
    I came to realize that Kornegay is just a cog in a corporate machine and has to listen to his boss. It’s typical of the corporate world. I expected better treatment from the Westgate as I felt we had established a good relationship over the past 10 years.
    Not only did they cut me off from betting at the Westgate, they took away all my comps including rooms and suites. I earned those comps from betting hundreds of thousands of dollars a year there. So much for loyalty. They had no reason to do this. We can only wonder how low these people running the books behind closed doors can go.
    Bottom line the casinos love it when you lose, but when you win, and win big they find ways to treat you like shit and avoid providing services to you.
    My last memory of the Westgate is picking up the half million dollars cash from the from the Royals bet and having Kornegay walking me to the cage to collect. When I left I told him I was very disappointed in him and Westgate and wished he would have handled the situation more professionally. But again, you have to do what the boss demands. That’s why I believe in entrepreneurism, so that you can make your own decisions instead of listening to your boss who controls your life.
    I wrote this article to illustrate what can happen when you start winning big, and also what really goes on at some casinos. They love losers but hate the winners.
    I’d welcome the opportunity to discuss or debate this issue live on radio with the Westgate and other casinos.

    Vegas Dave

    December 2, 2015 ·










  26. #26

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by billysink View Post
    I hate fake tits.

    .
    Sometimes in life we have to be flexible and make exceptions

  27. #27
    Just Drawn This Way Squarepants's Avatar
    Join Date
    Oct 08, 2010
    Location
    Las Vegas
    Posts
    2,565

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by bomzee View Post
    Sometimes in life we have to be flexible and make exceptions
    The women I date usually are, and do.

    : ^ )
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  28. #28

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by bomzee View Post
    Sometimes in life we have to be flexible and make exceptions
    Tits by tupperware automatic DQ

  29. #29

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by ChiTownJoe View Post
    .
    I wrote this article to illustrate what can happen when you start winning big, and also what really goes on at some casinos. They love losers but hate the winners.
    I’d welcome the opportunity to discuss or debate this issue live on radio with the Westgate and other casinos.

    Vegas Dave

    December 2, 2015 ·










    Shockular!

  30. #30
    EOG Addicted
    Join Date
    Feb 15, 2017
    Location
    Santa Monica Mountains
    Posts
    869

    Default Re: "Vegas Dave" Indicted by the Feds

    He will be fine. He is going to pay to off the thugs little by little (IRS fucking pieces of shit), but with all his stupid followers, he can cover that easy.

  31. #31
    Just Drawn This Way Squarepants's Avatar
    Join Date
    Oct 08, 2010
    Location
    Las Vegas
    Posts
    2,565

    Default Re: "Vegas Dave" Indicted by the Feds

    It is a 19 count criminal indictment by the grand jury that is being prosecuted by the U.S. Attorney, not a civil fine enforcement proceeding by the IRS.
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  32. #32
    Just Drawn This Way Squarepants's Avatar
    Join Date
    Oct 08, 2010
    Location
    Las Vegas
    Posts
    2,565

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by Johnny LaRue View Post
    What is the likely charge for him?

    He seems like an OK guy. Good self promoter. And, I do like his courage for putting his money where his mouth is.
    Johnny, there's a complete copy of the indictment at the bottom of the RJ article linked in my original post. They list all the specific statutes allegedly violated -- but the basic gist of it is using false/incorrect social security numbers. It appears to be a federal offense to use a false or incorrect SS number at a casino, which is treated basically similar to a financial institution in this context.
    Last edited by Squarepants; 04-13-17 at 08:59 PM. Reason: allegedly
    Never confuse price with value, consensus with wisdom, or conformity with courage.

  33. #33
    EOG Addicted
    Join Date
    Feb 15, 2017
    Location
    Santa Monica Mountains
    Posts
    869

    Default Re: "Vegas Dave" Indicted by the Feds

    Quote Originally Posted by Squarepants View Post
    Johnny, there's a complete copy of the indictment at the bottom of the RJ article linked in my original post. They list all the specific statutes allegedly violated -- but the basic gist of it is using false/incorrect social security numbers. It appears to be a federal offense to use a false or incorrect SS number at a casino, which is treated basically similar to a financial institution in this context.
    Jail time?
    I don't think so.

  34. #34

    Default Re: "Vegas Dave" Indicted by the Feds

    Oh Hell yeah jail time. The Feds don't play. Each of those counts have years attached. Litte-fat boy either has to sing if that's what the Fed wants or plea his fucking ass off. This goes to trial and he gets convicted (and the Feds almost never lose), Davie boy is fucked.

  35. #35

    Default Re: "Vegas Dave" Indicted by the Feds

    I suspect Franchesca is looking for a new sugar daddy.

Bookmarks

Posting Permissions

  • You may not post new threads
  • You may not post replies
  • You may not post attachments
  • You may not edit your posts
  •