43-year-old Robert Walker was allegedly gambling on behalf of a limited liability company and has been accused of falsely telling the Las Vegas casino’s Race and Sports Book that he was not gambling on anyone’s behalf when he cashed over $10,000 at the sports book this year.
Walker was charged with four counts of causing a domestic financial institution to fail to file an accurate currency transaction report in a criminal indictment Tuesday. He was arrested Wednesday in Las Vegas and was then released on a personal recognizance bond pending trial.
Federal law requires all U.S. casinos to report cash transactions over $10,000 and to report whether the gambler is gambling on anyone else’s behalf.
It has been alleged that Walker told employees at the sports book that he was not gambling on behalf of anyone else when he was gambling and making a cash transaction on behalf of ACME Group Trading LLC, according to the District Attorney’s office. The transactions totaled over $72,000.