Professional gambler didn’t report big KC winnings, prosecutors say
Read more here: http://www.kansascity.com/2013/03/29/41 … ni_popular#storylink=cpy
Replies:
Posted by: billythekid on April 2, 2013, 12:17 am
This is a prime example of Law enforcement following requests from the casinos who want to identify and harass advantage players. This writer left out many pertinent facts that when known shines the light directly on the casinos attempt to identify and harass him.
The writer suggests that this player was attempting to avoid CTR’s to avoid income taxes. In another account it was stated that this player had (or more accurately a number of casinos and banks had) filed 126 CTR’s in the same time period which clearly shows to anyone that wishes to remain anonymous to casinos it wasn’t the CTR’s that he was trying to avoid but by cashing his chips in that manor he was remaining anonymous to the casino which is very important to persons in his line of work.
The moral of the story is, never trust the casinos or their personnel, they are never your friend.
BTK
The writer suggests that this player was attempting to avoid CTR’s to avoid income taxes. In another account it was stated that this player had (or more accurately a number of casinos and banks had) filed 126 CTR’s in the same time period which clearly shows to anyone that wishes to remain anonymous to casinos it wasn’t the CTR’s that he was trying to avoid but by cashing his chips in that manor he was remaining anonymous to the casino which is very important to persons in his line of work.
The moral of the story is, never trust the casinos or their personnel, they are never your friend.
BTK
