The Red Hawk Tribal Casino in Placerville, California witnessed a very unpleasant incident. A floor manager has been busted after he was caught leading a scam in the casino. The scam cost the company around $200,000. The Manager, Prak Pich took advantage of his position in the casino and provided a line of credits to a gambler, Luc Mooc. However, soon after he changed the paper trails and made it appear that the line of credit has been paid back by Luc.
Xavier Becerra, the California Attorney General released a statement regarding the incident. He said that the short term and no-interest credit lines are popular in the casinos. This gives gamblers easy and instant access to the funds for the gambler. However, the understanding between the casino and the gamblers is that the temporary credit would be repaid in a short period of time. The incident was very similar to Prak Pich and Luc Mooc. However, they decided to do otherwise allegedly. It is alleged that both Prak and Mooc conspired and settled it for around $12000 to $14000 each time instead of paying back the credit. So, Mooc paid out few dollars to Prak instead of clearing the loan of the casino and Prak allegedly changed the paper trails to show that the credit line has been paid back.
Explaining the case, Becerra added that his office would come hard on those who want to get rich by breaking the law of the land. He further said that the Department Of Justice would ensure that the criminal activity in the state is tackled smoothly.
This is not something new in the casinos. There have many instances where the greed of the casino employees comes over their duties.
However, they get caught. The casinos have been running a business for a long time and it is impossible to fool them just like that. When the Red Hawk Tribal Casino was auditing, they found out the sum is not adding up and understood something fishy is going on in the casino.
However, they did not have the exact idea. The California Department of Justice through the Bureau of Gambling Control decided to team up with the Casino Security to unearth the mystery. The investigation led to the suspicion about the relationship of Pich and Mooc. They were subsequently arrested on Thursday. Both of them were arraigned reported Calvinayre.
This was not a shocker but of course disturbing. There have been cases in the US Casinos which were drastic. In Florida at the Miccosukee Resorts and Gaming, employees rigged the gaming machines. The rigging generated fake credit vouchers for them. Well, they used to exchange it for cash. The scandal ran for almost four years before coming to the light. However, by the time the scandal was busted almost $5.3m was stolen.
The incident has once again raised the question of the need of the blockchain and permanent record-keeping in the casinos. The experts believe that with blockchain, record-keeping becomes so strong that it is impossible to generate fake credit vouchers, credit trails or shelling out loans. The record-keeping is maintained in every step and that could safeguard the interest of the casino owners.