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MGM Grand ex-president to be sentenced in money laundering case

California,Corruption,Crime,Fraud,Las Vegas,Los Angeles,Malaysia,Nevada,General News

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A former top executive for major Las Vegas casinos was set to appear before a federal judge on Wednesday after admitting he allowed an illegal bookmaker to gamble millions of dollars at the MGM Grand and pay off debts in cash. Scott Sibella pleaded guilty in January to violating federal anti-money laundering rules that require casinos to file reports of suspicious transactions. He faces up to five years in prison and a $250,000 fine. Following Sibella’s guilty plea, the MGM Grand and nearby Cosmopolitan of Las Vegas settled a related...

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