$40 Million Man Archie Karas Charged with Casino Cheating

$40 Million Man Archie Karas Charged with Casino Cheating

Archie Karas was looking good straight back into the mid 1990s whenever he won $40 million. Now he is been charged as a card cheat in a California casino.

One of the world’s most famous gamblers has been charged with cheating and defrauding a casino; Archie Karas, now 62, who had been believed to have built up $40 million in winnings over three years into the mid 1990s from an authentic $50 stake decades ago only to lose it all back, had been presumably caught marking cards at a blackjack table in a California casino recently.

Arrested at His Home

Based on authorities, Karas was taken into custody last week at his Las Vegas house. Karas will be extradited to San Diego to face charges of burglary, winning and cheating by fraudulent means. Karas may potentially face up to three years in prison if he is convicted of all charges.

‘This defendant’s fortune ran out thanks to cooperation that is extraordinary a number of different legislation enforcement agencies who worked together to investigate and prosecute this instance,’ said Bonnie Dumanis, hillcrest County District Attorney.

The case was opened in July, after Karas whose real name is Anargyros Karabourniotis ended up being seen on safety cameras marking cards in a blackjack game using tiny amounts of dye. Karas was marking every one of the cards worth ten (tens, jacks, queens and kings), aswell as aces, so that you can gain a plus over the Barona Resort and Casino in Lakeside, California, which is found inland in North San Diego County. Continue reading “$40 Million Man Archie Karas Charged with Casino Cheating”