Thursday, November 25, 2010

Foxwoods Latest Baccarat Cheat Scam Fallout Widens Across America's Major Casino Areas!

The two baccarat-cheat Koreans arrested a few days ago at the MGM Grand Foxwoods Casino in Connecticut are now believed to be tied to a major international baccarat-cheating ring similar to the infamous Vietnamese Tran Organization, which set the casino-cheat world ablaze for the five years 2003-2007.

Yesterday they were arraigned on various casino-cheat charges in New London, not far from Connecticut's Foxwoods and Mohegan Sun casinos, the latter of which was also victimized by the baccarat scam using electronic devices. A total of four Korean casino-cheat suspects were arraigned.

State of Connecticut prosecutor Peter McShane said the suspects in the baccarat cheating scam defrauded Foxwoods and Mohegan Sun casinos out of nearly $1 million. He identified 60 year-old Young Su Gy as the mastermind of the baccarat cheat operation. Thirty-four year-old Wookyung Kim is pegged as Gy's right hand man.

Judge Kevin McMahon used a Korean interpreter by phone in his courtroom. He indicated that the Korean cheat group is suspected of baccarat cheating crimes in Las Vegas, Atlantic City, the Caribbean and even Europe.

Fifty-five year-old Korean Ingyu Park and sixty-three year-old Korean Sun Jang were also arraigned in the case and are being held on $500,000 felony warrant bonds out of New Jersey, both for casino crimes. They are accused of cheating heavily at the mini-baccarat tables in Atlantic City's Bally's casino, a haven for high-rolling Korean baccarat players.

My take: Well, there is one notable difference between the Vietnamese Tran Organization baccarat-cheating syndicate and this Korean one--at least the Korean baccarat cheats don't all have the same last name!!! LOL