Two other people were charged with participating in a scheme to embezzle $280,000 from William Hill. [Image: Shutterstock.com]
More people are in trouble
After identifying two employees accused of embezzling more than $280,000 from sports betting booths, William Hill found two additional suspects. It now appears that at least two other people were part of the scheme.
Spotted in surveillance footage of many casinos withdrawing money from betting booths
Anthony Kodback and Persha Stanley were charged this week with multiple offenses related to fraudulent cash adjustment withdrawals. They allegedly had links to William Hill’s former supervisor Shravan Singh, who appears to have headed the illegal scheme. The pair were spotted on surveillance footage at several casinos withdrawing money from betting booths, with the transactions authorized by Singh.
It is not clear what kind of penalties each defendant will face; It is also unknown if there were more people who also played a role in the embezzlement scheme.
flying under the radar
State investigators discovered that Singh accepted lots of cash alterations at a sports betting booth for amounts greater than $500. It can hide these transactions for a period of time by delaying their reporting, changing records, or simply not reporting them at all. In the end, he was found to have facilitated more than 3,000 fraudulent transactions over the course of 16 months. William Hill did not initially expect the embezzled amount to reach $280,000.
Help load money to the operator’s retail kiosks in Nevada
The other employee associated with chart It’s Paige Steiner. She was a customer service agent who allegedly helped load money onto the operator’s retail betting booths in Nevada. The conspirators would then print the amended kiosk slips and cash them out.
Identification of violations
The internal audit initially raised suspicions of William Hill. The company had already investigated three other employees who allegedly ran their own scheme to embezzle nearly $72,000 before they suspected Singh.
William Hill officials reported the irregularities to the Nevada Gaming Commission (NGC) and the NGC launched its own investigation in December. Investigators were able to monitor Singh’s computer activity, showing how he helped his co-conspirators redeem coupons at kiosks in Nevada.
William Hill is a brand owned by Caesars Entertainment and the largest retail sportsbook operator in the state of Nevada. It has sports betting offerings in at least 100 locations in the state.
Cameras in the kiosks took pictures of the criminals, which helped to identify them. None of them had any significant history of betting, so investigators concluded that they were in on the scheme.