Indictment illustrates how casinos use Social Security numbers
By Thomas Moore, Las Vegas Sun
Using the wrong Social Security number in a casino can cost you millions of dollars and land you in jail as professional sports bettor David Nakama Oancea, also known as Vegas Dave, is finding out.
According to an indictment issued by a federal grand jury last week, Oancea used Social Security numbers that weren’t his to place nine bets in 2015 and 2016 at the Wynn and Westgate sports books.
Under the Bank Secrecy Act, casinos are considered financial institutions and must report transactions of $10,000 or more by filing a currency transaction report or CTR.
