Posted on 10/04/2017 1:47:11 PM PDT by Oldeconomybuyer
Wiring money out of the country is also a Suspicious Activity Report trigger.
Paddock had just wired $100,000 to the Philippines. I wonder where else his $$$ went to.
Yep. 2 rules when it comes to gambling in a casino.
1. The House always wins.
2. See Rule # 1.
There were several reports that he was, and wasn’t, known.
He might not have been known to the locals but maybe to the gaming police and IRS.
He had health issues and maybe he knew the authorities were onto him?
I think the someone let it slip initially that he was known or well known to authorities then there was a back track?
Not sure but I think so..maybe someone can answer that question.
This guy supposedly had money from real estate but enough to gamble like he did with hundreds of thousands of dollars?
Cash Transaction Reports (CTR’s) are very common; Banks do hundreds of them. CTRs report on any cash transaction (in or out) over $10,000. I’m sure Casinos issue many every day. They are not usually reviewed by FinCEN unless something else comes up.
Suspicious Activity Reports are more serious. They are filed when it looks like someone is avoiding CTR’s by doing a bunch of smaller transactions ($7,000, $8,000, etc.). Again, quite a few are regularly filed, but not nearly as prevalent as CTR’s. Often done by someone hiding untaxed income.
Except that there is a trail of paper behind significant winnings.
Stephen Paddock is going to turn out to be one of two kinds of low life, scum & vermin. One, he will be the evil, murdering tool of ISIS, as ISIS itself has reported or, he will be a radical, left-wing Democrat, Trump Hater that was motivated by various nutcase, Democrats (Maxine Waters) or the likes of folks like evil and vile, Hollywood Celebrity, Kathy Griffin, waltzing around with great glee while bobbing the beheaded head of Donald Trump.
Hopefully, we American citizens and voters will soon learn the truth....either way. This disgusting excuse for a human being was “dirty & hateful” from head to toe!!!
Obama donor.
and a real estate genius
If he was buying in Florida and California, you don’t have to be a genius to make money over 30 years - we sold for $750k over purchase price out here after only 13 years
This kind of cumulative transactions should have triggered a warning long before it hit the 200+ mark. That’s an average of over 5 per month for three years. That’s not supposed to be occurring without some sort of investigation. Then again, maybe it was investigated and that’s another bit of information to be scrubbed or buried by the FBI.
/
/
I agree.
Too many coincidences here.
From his last name of Paddock and that word’s connection with horse racing and gambling and then that gambling habit compounded by the Philippine girlfriend.
I don’t doubt that this guy spent a lot of time in casinos. I just don’t believe he was gambling there to win money.
With all the houses and the real estate connections plus her connections to Indonesia, human trafficking came to mind. Another reason to launder his income
Yes but some were reports of suspicious activity that’s different than the reports of 10K case withdraw. We all know those have to be reported.
The guy lived in Mesquite, Nevada and apparently owned a home or apartment complex in Mesquite, Texas.
WTF? I mean -- it's not a town name like Washington or Springfield. I didn't even know there was a Mesquite in Texas until I saw it reported with this story.
I think the real estate business and his gambling are a smoke screen for his real business -- selling illegal guns, etc. from a swanky suite in Las Vegas. My theory is a meeting with an unsavory customer went sideways, Paddock was shot, and the unsavory customer is the shooter -- and is already back in Pakistan. Paddock had guns, ammo, and ammonium nitrate in Vegas and his home - salesman samples.
Just my theory, flame away.
Is there a single Paddock research thread... If not there should be. Just thru face book it appears that people that knew him are pretty liberal.
Paddock used to be an IRS Aagent.
I agree, when I heard he was a big time gambler, slot machines did not come to mind. You can’t make money off of those. I thought he was doing poker or black jack which is still hard to win but better odds than slot machines. Real big time rollers see slots as an old lady tourist attraction, and not for real gamblers. IDK maybe I’m wrong.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.