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The Chip Board Archive 06

Re: Drug Sellers using chips to launder money

The example used in the article is flawed from today's perspective, at least as far as Vegas is concerned. ...I think.

If the cash being laundered was being done so at many casinos by the same person(s), it might still be feasible under the $3000 scrutiny rules currently in place. I had to provide a player's card when I went to cash in four $1000 jetons from the French roulette table at the Paris about two years ago. They needed to see if I had played at a level high enough to have actually won that much. IOW, if you can't show them that you've gambled with the chips that you might have bought to launder dirty money, they can refuse to cash in the chips. See Becky B. and Bob S. for further reference on this matter.

Bob grin

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