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To: af_vet_1981

Gambling for that long is a way to launder money. You play for a long time losing a very small amount of money. At the end of the night you get a fresh set of bills in cash. Or you get it in an account and you can take it out of the ATM. Or someone else can. There is no path from accountant to real estate flipper to multi-millionaire to excessive gambler. He must have been a cheat somewhere along the way.

I think with a father who was a bank robber, the accountant figured out a scheme. He needed to launder the money and explain his wealth, so he gambled in the game that had the lowest lose percentage. So he lost 3%. But he laundered 97%.

I have a few guesses as to what was going on:

His father had a lot of money somewhere and he was laundering it before he used it.
He figured out how to rob a company that he worked for. and used the gambling to hide the income.
He was part of the mob or other criminal group. He would pay people out through his gambling accounts.
He was being paid to buy and sell guns. He would get cash. Gamble it and take it on account. Then he could write a check off his casino account.
He flew money into the country, (or out) and he needed to get it in the credit system.

An extremely private accountant, who gambled constantly for 20 years, with a pilots license and a gun license. This guy has too man ways to cheat the system.


46 posted on 10/05/2017 7:08:10 PM PDT by poinq
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To: poinq
He needed to launder the money and explain his wealth, so he gambled in the game that had the lowest lose percentage. So he lost 3%. But he laundered 97%.

And he paid his taxes ...

My instincts tell me he was laundering dirty money. The family cover stories do not make sense to me.
49 posted on 10/05/2017 7:11:06 PM PDT by af_vet_1981 (The bus came by and I got on, That's when it all began.)
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To: poinq

If he didn’t win a Powerball or something like that, laundering big time drug money would certainly fit.

And get all the hotel, food, trips, etc. comps as a bonus.


51 posted on 10/05/2017 7:11:28 PM PDT by SaveFerris (Luke 17:28 ... as it was in the days of Lot; they did eat, they drank, they bought, they sold ......)
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To: poinq

Am I the only one that suspects human trafficking /sex trade?


78 posted on 10/05/2017 7:33:43 PM PDT by hoosiermama (When you open your heart to patriotism, there is no room for prejudice.DJT)
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To: poinq

Pretty good post.................


81 posted on 10/05/2017 7:35:53 PM PDT by Osage Orange (Watch your six.)
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To: poinq

There was more to the father than robbing banks.

http://www.slate.com/blogs/the_slatest/2017/10/02/stephen_paddock_s_father_patrick_benjamin_paddock_was_a_bank_robber_wanted.html


173 posted on 10/05/2017 10:38:27 PM PDT by MurrietaMadman (Drain swamp drain.)
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