An employee of William Hill in Nevada appeared in court to face several charges of embezzling money from its company’s kiosks. The Nevada Gaming Commission investigated Shravan Singh after the commission became aware of his scheme in 2022.
Caesars Entertainment bought William Hill in 2021 for $4 billion. People who bet on sports can choose from more than a hundred William Hill locations in Nevada alone. However, the Gaming Commission caught Singh and Paige Steiner, his conspirator. They later released Steiner without bail.
According to sports betting picks and news sites, more unnamed co-conspirators haven’t been arrested. Currently, the commission charged Steiner with 290 fraudulent uses of vouchers in exchange for cash. For example, a person can print vouchers at a machine, and then the same person cashes them in.
Nevada Gaming Commission Catches Sports Betting Embezzlement Scheme
This fraud was performed by Singh in person on at least 166 different occasions and involved over 3,000 unique transactions. On January 19th, once William Hill learned about the conspiracy and had enough evidence to take action, Singh was fired.
According to online gambling solutions experts, William Hill discovered upon further inspection that $280,000 was taken from the firm, a far more significant sum than initially thought. Singh essentially participated in a William Hill-wide scheme in which managers and customer support reps worked together to falsify the total amounts of money deposited at various William Hill machines. News outlets claim it has evidence of similar scams committed by former firm workers.
After the funds had been deposited, the perpetrators would steal coupons redeemable for cash from the kiosks. A variety of safeguards, however, are built into each booth. One is that the machines photograph the persons using them and preserve comprehensive records of all cash transactions. With the use of these detailed logs, the guilty employees were found; thus far, two have been publicly named, and more are expected to be arrested soon.
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