https://www.reviewjournal.com/crime...-charges-of-misusing-social-security-numbers/
Sports bettor ‘Vegas Dave’ indicted on charges of misusing Social Security numbers
Dave Oancea at Royals-Mets World Series game in 2015. (itsvegasdave/Instagram)Dave Oancea at Royals-Mets World Series game in 2015. (itsvegasdave/Instagram)
By Jenny Wilson Las Vegas ***************
April 12, 2017 - 6:11 pm
Updated April 12, 2017 - 6:24 pm
Professional gambler David Oancea, who goes by the nickname “Vegas Dave,” came up short Wednesday when a federal grand jury indicted him on charges that he used phony Social Security numbers to open player accounts at area casinos and sportsbooks.
The well-known sports bettor has amassed hundreds of thousands of social media followers by promoting his ability to win big on long-shot bets — or, as his website describes it, “beat Vegas.” Now, he will be tasked not with beating the odds but with beating the charges contained in the 19-count indictment against him.
According to the indictment, Oancea provided casinos and sportsbooks with Social Security numbers that belonged either to nobody or to someone other than him.
Oancea could not be reached for comment Wednesday on the indictment.
He is accused of using others’ Social Security numbers to make nine transactions, totaling roughly $3.5 million, at Wynn Las Vegas and Westgate casinos. As a result, the two casinos filed false currency transaction reports, the indictment states.
Under federal law, casinos are required to prepare and submit reports of transactions that exceed $10,000. The indictment charges that casinos prepared and submitted at least 137 false reports as a result of Oancea’s use of at least two fraudulent Social Security numbers.
The indictment also seeks an order to force Oancea to forfeit about $881,600 — part of the fortune he has won off of sports betting.
In 2015, Oancea collected $2.5 million after betting $100,000 on the Kansas City Royals to win the World Series. The following year, he won a record-setting $2.3 million off an NFL future bet he placed on the Denver Broncos to win the Super Bowl. His website also assigns him the nickname “Futures King.”
The indictment charges Oancea with nine counts of misuse of a Social Security number and 10 counts of causing a domestic institution to file false reports.
Oancea states on his website that his ability to beat Vegas “caused all the major sports books to ban Vegas Dave.” According to his website, he is now retired from sports betting and acts as a sports betting consultant.
Contact Jenny Wilson at jenwilson@reviewjournal.com or 702-384-8710. Follow @jennydwilson on Twitter.
Sports bettor ‘Vegas Dave’ indicted on charges of misusing Social Security numbers
Dave Oancea at Royals-Mets World Series game in 2015. (itsvegasdave/Instagram)Dave Oancea at Royals-Mets World Series game in 2015. (itsvegasdave/Instagram)
By Jenny Wilson Las Vegas ***************
April 12, 2017 - 6:11 pm
Updated April 12, 2017 - 6:24 pm
Professional gambler David Oancea, who goes by the nickname “Vegas Dave,” came up short Wednesday when a federal grand jury indicted him on charges that he used phony Social Security numbers to open player accounts at area casinos and sportsbooks.
The well-known sports bettor has amassed hundreds of thousands of social media followers by promoting his ability to win big on long-shot bets — or, as his website describes it, “beat Vegas.” Now, he will be tasked not with beating the odds but with beating the charges contained in the 19-count indictment against him.
According to the indictment, Oancea provided casinos and sportsbooks with Social Security numbers that belonged either to nobody or to someone other than him.
Oancea could not be reached for comment Wednesday on the indictment.
He is accused of using others’ Social Security numbers to make nine transactions, totaling roughly $3.5 million, at Wynn Las Vegas and Westgate casinos. As a result, the two casinos filed false currency transaction reports, the indictment states.
Under federal law, casinos are required to prepare and submit reports of transactions that exceed $10,000. The indictment charges that casinos prepared and submitted at least 137 false reports as a result of Oancea’s use of at least two fraudulent Social Security numbers.
The indictment also seeks an order to force Oancea to forfeit about $881,600 — part of the fortune he has won off of sports betting.
In 2015, Oancea collected $2.5 million after betting $100,000 on the Kansas City Royals to win the World Series. The following year, he won a record-setting $2.3 million off an NFL future bet he placed on the Denver Broncos to win the Super Bowl. His website also assigns him the nickname “Futures King.”
The indictment charges Oancea with nine counts of misuse of a Social Security number and 10 counts of causing a domestic institution to file false reports.
Oancea states on his website that his ability to beat Vegas “caused all the major sports books to ban Vegas Dave.” According to his website, he is now retired from sports betting and acts as a sports betting consultant.
Contact Jenny Wilson at jenwilson@reviewjournal.com or 702-384-8710. Follow @jennydwilson on Twitter.
Thats noting!
The US GOVERNMENT SHOULD BE more WORRIED about trading rings then butt hurting about vegas Dave
https://www.bloomberg.com/news/arti...nsider-trading-ring-including-ukraine-hackers
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The US GOVERNMENT SHOULD BE more WORRIED about trading rings then butt hurting about vegas Dave
https://www.bloomberg.com/news/arti...nsider-trading-ring-including-ukraine-hackers
[h=1][/h]
he did hit that Royals future, but overall he's a scam and a joke in the industry. and now he's totally, royally screwed. He's currently "out of town and not sure when he'll be back" and it wouldn't surprise me to see him go on the run
That's already a felony count getting him 5 years. Stack them up, add in federal sentencing enhancements, and he's sitting on 10+ years. And because it's in federal court, they're going to beat him up too with audits and looking through his records. They'll find all sorts of dirty laundry. Not to mention the Vegas casino influence. They never like people bragging to the world on taking them for 7-figs.
First Billy Walters, now Vegas Dave in the same week. The town will never be the same
That's already a felony count getting him 5 years. Stack them up, add in federal sentencing enhancements, and he's sitting on 10+ years. And because it's in federal court, they're going to beat him up too with audits and looking through his records. They'll find all sorts of dirty laundry. Not to mention the Vegas casino influence. They never like people bragging to the world on taking them for 7-figs.
First Billy Walters, now Vegas Dave in the same week. The town will never be the same
anyone who is betting futures seriously and is not using betting exchanges is giving
away a lot of equity. vegas sportsbooks usually offer some combination of poor
odds and/or poor limits. one usually has to have a history with the sportsbook or casino
to get them to get them to accept very large future wagers that give them a ton of
liability. in markets where there is a lot of large and multi way action, the sportsbooks
tend to be more flexible. i know the wynn is pretty good at taking decent future bets,
however i can't really speak with certainty about the westgate.
away a lot of equity. vegas sportsbooks usually offer some combination of poor
odds and/or poor limits. one usually has to have a history with the sportsbook or casino
to get them to get them to accept very large future wagers that give them a ton of
liability. in markets where there is a lot of large and multi way action, the sportsbooks
tend to be more flexible. i know the wynn is pretty good at taking decent future bets,
however i can't really speak with certainty about the westgate.
