Former Las Vegas casino executive to be sentenced in bookmaking money laundering case
- Former MGM Grand President Scott Sibella was sentenced to one year’s probation and fined $9,500 for violating the federal Bank Secrecy Act to prevent money laundering at financial institutions.
- Sibella failed to file suspicious transactions reports required of casinos while leading the MGM Grand from August 2017 to February 2019.
- Court records revealed Sibella allowed illegal bookmaker Wayne Nix at MGM events despite knowing he shouldn't be there, and he didn't report Nix's suspicious activity to authorities.
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Leaning Left7Leaning Right0Center15Last Updated11 days agoBias Distribution68% Center