Casino Manager in California Accused of $200,000 Embezzlement

Red Hawk Tribal Casino in Placerville, California has been connected with one of the huge robberies in the casino history. A floor manager of the venue has been accused of scam that caused about a $200,000 loss for the casino facilitiy. Prak Pich who worked in the manager position gave lines of credits to a player, Luc Mooc and then changed the paper trails of the credits so it looked like they had been paid back.

Attorney Announcement

According to the statement from attorney Xavier Becerra:

“These short term, no-interest credit lines are commonly extended by casinos to allow approved patrons easy access to gambling funds, with the understanding that the temporary loan would be repaid within a short period of time. However, instead of paying back the loans, Mooc and Pich allegedly conspired to steal the funds that would range anywhere from $12,000 to $14,000 at a time.”

Investigation

Over the previous decade, land-based venues have been locations where employees tried to be creative and misuse their positions. However, all these attempts have been detected and now we have something completely new. This made the California Department of Justice, via its Bureau of Gambling Control, visit Red Hawk Tribal Casino together with the security team.

After the visit, connections between Pich and Mooc have been found and both of them arrested this past Thursday. However, no additional details have been released.

Attorney Becerra added:

“My office stands ready to fight back against those who try to get rich quick by breaking the law. The California Department of Justice will do its part to tackle criminal activity in our state.”

Looking Back

The previous embezzlement case resembles another malversation in land-based casinos out of Florida. In that situation, workers at Miccosukee Resort & Gaming property close to Miami had manipulated gaming machines to produce fake credit vouchers, which they then prepared to change for real cash. The perpetrators of the criminal act have been busted after four years, but the case costed casino over $5.3 million.

Importance of Bitcoin:

Both previous cases show the importance of bitcoin-friendly transactions for casino businesses, with the accent on Bitcoin SV. Thanks to the secure crypto solutions, it would be impossible to change any credit vouchers, extension paper trails, loans, etc. It would also businesses in tracking the whole inventories, rotations, timecards and additional aspects of the operation. The implementation process could occur in a short time preventing casinos from losing enormous amounts from regular frauds.

Source:

“California casino manager busted for $200,000 embezzlement“, Erik Gibbs, calvinayre.com, calvinayre.com, November 19, 2019.