On April 6th, 2017

Los Angeles Casino Investigated for Possible Money Laundering

LOS ANGELES -  As part of the Los Angeles High Intensity Financial Crime Area Task Force, on April 4, 2017, special agents with California Department of Justice Bureau of Gambling Control assisted in the on- site investigation and the serving of search warrants at the Bicycle Hotel and Casino in Bell Gardens.  According to published reports, the investigation involves possible money laundering.

“Obviously, the investigation is underway and no one wants to jeopardize it by releasing information,” said California Statewide Law Enforcement Association (CSLEA) President Alan Barcelona.   “We know that California DOJ special agents worked with U.S. Immigration and Customs Enforcement, the Internal Revenue Service, and the U.S. Attorney’s Office.”

The team of law enforcement officers entered the casino, shutting it down for a day.  CSLEA and Association of Special Agents-DOJ Member, Nate Davalle, an assistant bureau chief for California DOJ, told the Los Angeles Times the casino would remain closed until the search was complete, and players who had live chips would be able to cash them out once the casino reopened.

The Los Angeles times reports in its article “Federal Authorities Raid California Casino” that agents seized thousands of financial records.  Possible money laundering could involve people who placed bets with “dirty” money and then exchanged their chips for “clean” cash.

California Statewide
Law Enforcement Association

Headquarters:
2029 H Street
Sacramento, CA 95811
916.447.5262
800.522.2873
Southern Office:
5762 Bolsa Ave, Suite 104
Huntington Beach, CA 92649
714.894.4411

About CSLEA

CSLEA Board and OfficersAffiliatesCSLEA FOP Lodge #77CSLEA Foundation

News Center

Monthly NewsletterCalendarVideos

Contact CSLEA

Legal

Legal StaffAdmonishment StatementLegal Defense FundLDF Plan DescriptionKnow Your Rights VideosLegal FAQLegal Representation CommitteePeace Officer Bill of Rights

Politics

California FOP Leg UpdateLegislative Request FormLegislationPAC EndorsementsPast PAC EndorsementsGeneral Election Results

Membership

Join CSLEAAddress Update
Member Services StaffMembership ServicesMember BenefitsScholarshipCSLEA DiscountsSupervisors & ManagersMember Tax Info
© Copyright  - California Statewide Law Enforcement Association
twitterfacebookyoutube-playinstagramvimeo