How the fuck do you deposit $ in casinos?What makes it BS? They based them story on court documents not some unnamed sources. Think about you can only put so much cash into so many banks before that becomes suspicious. They did that with over $1,000,000. The remaining bills, $5-6 million even if in all 100’s would be 50-60k bills. That’s a big pile to hide. Go to the casino buy some chips play a few games and walk out. Makes sense to me
Do you exchange it for chips and then hide the chips somewhere?
Do these reporters really believe the BS they write and dish out to the public? Originally Posted by CG2014
Buy $6 million of chips, play a few tables, and then walk out with the remaining chips or exchange them for cash first before walking out?
Such a large amount in chips exchanged for cash, doesn't the casino ask you to fill out any tax forms?
Most I played at any casino was a couple of $100 at blackjack and never won. Originally Posted by CG2014
speculation, but what I got from the Casino angle, is that Casinos were in cahoots with money laundering.. they would receive a large sum and open an "account", and you draw on that account as you play. obviously they would not give out millions of chips.. and if the money launderer wins big, no tax forms are filled out.. my guess, anyway. maybe the Casino keeps 2% of what is laundered? Originally Posted by Chung Tran
Buy $6 million of chips, play a few tables, and then walk out with the remaining chips or exchange them for cash first before walking out?When I was in my early 20’s in Vegas for a convention. A work distributor friend handed me a marker to go cash and bring it back to him. (I just walked up to the craps table after a big commotion) I didn’t think anything of it so away I went didn’t even look at it. Handed it to the teller, $89K later with what could have been a fully clothed colonoscopy, I was escorted by security and “new friends” back to the craps table.
Such a large amount in chips exchanged for cash, doesn't the casino ask you to fill out any tax forms?
Most I played at any casino was a couple of $100 at blackjack and never won. Originally Posted by CG2014
A marker is a loan that the casino gives. They provided him with security and walked the trays of chips to the table he was playing at.When I was in my early 20’s in Vegas for a convention. A work distributor friend handed me a marker to go cash and bring it back to him. (I just walked up to the craps table after a big commotion) I didn’t think anything of it so away I went didn’t even look at it. Handed it to the teller, $89K later with what could have been a fully clothed colonoscopy, I was escorted by security and “new friends” back to the craps table. Originally Posted by BazztexThey cashed the chip in and made you go play at the craps tables?
Is that legal?
Once you cash a chip in, you should be able to leave - you are not obligated to use that money to play at that casino. Originally Posted by CG2014