Five New-Yorkers Busted for Alleged Atlantic City Casino Rip-off

Some gambling establishments are still getting scammed by a few of the oldest tricks in the book. A gang of crooks reportedly targeted five gambling establishments in Atlantic City out of New York-City, who managed to use bogus checks at the properties-in exchange for gambling chips. Overall, the quintet of thieves managed to steal over $1 million in just three days without getting captured.

New York City Crooks Go on Gaming Spree

According to a report from the New-Jersey Attorney general of the United States’s Workplace (NJAG), from August 26 to August 28, five individuals passed rubber checks at five various gambling establishments in Atlantic City. The costs deserved a total of a little more than $1.1 million, and it would appear that the-five venues didn’t do a good enough task validating the quantities before approving the transactions.

The implicated supposedly presented two checks, drawn on accounts at TD Bank and Bank of America, at each of the first three gambling establishments, one for $150,000 and the other for $134,000, which the cashiers’ cage workers never verified. The Golden-Nugget and the Hard Rock saved themselves some headache by restricting the amount it was willing to accept.

Suspects on the Lam

With the frequency of credit and debit cards and now cashless gaming, how any gambling establishment can justify the requirement to accept checks, particularly without some confirmation of funds, is more than a little complicated. While swiping a debit-card to purchase $150,000 in chips might be a bit complex and forbidden by many banks, gambling establishments still have ways to protect themselves better.

It isn’t most likely that the gambling establishments will see their money returned. They have provisions in place for circumstances like this to minimize the sting. However, it’s still a loss. In this case, according-to the NJAG, only one of the five-suspects has been captured. Qingtao Zhang was gotten in Amsterdam previously this month. Xiuhuan Zhang, Shuai Liu, Peng Cai, and Sen G are supposedly still in the wind. The NJAG reported that they had been accused of running the rip-off and have not yet been charged. If enough proof surface areas, they deal with an indictment of conspiracy, theft by deception, and attempted theft by deception.