Posted on 10/05/2017 6:22:13 PM PDT by Zhang Fei
"Were wealthy people," Eric Paddock said. "$100,000 isnt that much money.... He gambled that much through a machine in hours.... Hes got the highest level of membership card at a lot of these [casino] hotels. If a lot of these hotels say they dont know Steve, theyre lying."
(snip)
Paddock remembered his brother as a man who used his money to take care of his family financially. "He helped make me and my family wealthy. I mean, hes the reason I was able to retire three years ago when I got really burned out doing the job I did," Eric Paddock said.
(snip)
"He didnt have a lot of friends," Paddock continued. "He was a private person. Theres a story about that hes, ohhhh, he kept his shades closed, and he didnt talk to me for the first three times he saw me walking in the neighborhood. Wow. That makes him really weird, doesnt it? He was a private guy. Thats why you cant find out anything about him, thats why theres no pictures. Is he such a weirdo because he didnt have a Facebook page and posted 50,000 damn pictures of himself every day? Whos weird?"
(snip)
But, of his brother's attack, Paddock said: "This is 100% Steve, did this by himself. People cant seem to cope with that either. But Steve is a was a highly intelligent, highly successful person. He could have done anything he wanted to do. And he did. He made himself wealthy. He made us wealthy. He was a very successful person. He gambled for 20-plus years, successfully. Its like a job to him. He did it mathematically."
(Excerpt) Read more at latimes.com ...
The brother is VERY fishy.......WHO ID’d the body?? Not a family member!
Someone posted a report that the cops were chasing someone wearing a security uniform.
That’s a game-changer, and could explain some of the behavior of the authorities (with the exception of the sheriff) on this.
Was the guy being chased a real security guy, or an impostor?
They are/were wealthy. So far, there’s an apartment building sale in Calif for $3.2mil that the brother and mother were partners on, and another apartment complex in Mesquite, Texas that reportedly sold for $8M. He’s got $2M net in real estate in Nevada and whatever was/is left of the $11M minus bro and mom’s share, and maybe some other property in California, like an apartment complex in Hawthorne.
Didn’t know it was video. Isn’t that what old ladies play while the men sit and play their games at tables?
I had a friend who did the same thing. He, too, was banned from casinos. That was in the ‘70s and ‘80s, probably before high-tech facial recognition via biometrics. Good old-fashioned photographs, I believe.
Knows everything about the gambling but nothing about the guns.....hmmmm?
You can bring $100,000 of indeterminate origin into a casino, filter it through video poker machines and walk back out with $70,000 of 1099’ed gambling profits, however.
Not anyone paying attention. See my previous post on the subject.
http://www.freerepublic.com/focus/news/3592387/posts?page=141#141
I actually enjoyed the movie, and yes, the movie featured other money making schemes for which the main character had to create a lot of fronts to launder the money.
So far there is no discernible manner in which Stephen Paddock acquired all this money. All we see is him spending a lot, and all that is offered is this weak claim that he was a "professional gambler."
I think he was a professional smuggler, probably drugs from South of the border, and *THAT* is where the money comes from. The Gambling was to launder his money.
One does not consistently win when playing video poker against a machine.
Maybe, but I have yet to read about a satisfactory account on where he came by all that money. Arms dealer would make sense. He walks into a casino with a bag of cash, launders it through the slot and poker machines and comes out with a 1099 and slightly smaller bag of cash in “winnings”.
The guy is seriously messed up.
One who plays against other people, and not the casino, can make money; this is not the perp/terrorist’s mo; he is reported as a video (slots) poker player, which can be worked to launder money.
Why would he make a video and not make plans for its release?
Isn’t that the whole point of make the video to release it?
Is there only the one copy of the video and the authorities have it?
Real estate?
He supposedly owned apartments. Depending on when he bought and when he sold, he could have made a ton of money.
Ya think?
Look we are wealthy people, $100K is not a lot of money to us.
Gives interview while standing in front of disheveled, middle class house.
Um. Ok.
I don’t know anything about video slots poker, but my bro constantly won playing poker with people at the table with him.
Real estate is also where you park laundered money. A lot of his properties were just sitting there.
This guy was no financial genius. He had some source of money of indeterminate origin that we haven’t learned about yet.
I sense a chemical imbalance in the brother.
And by chemical, I mean cocaine.
If he was an arms dealer (that term is only used for international ones, otherwise, it’s FFL or gun dealer) then he would have had plenty of access to RPG’s, real full-autos, and etcetera.
Interesting speculation.
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