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Nevada Gaming Regulator Under Federal Investigation

Gaming Commission Member Accused Of Money Laundering Violations

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One of the Nevada Gaming Commission’s five members is under investigation by the federal government for allegedly failing to implement proper anti-money laundering practices when running a casino in the past.

According to the Las Vegas Review-Journal, Nevada Gaming Commission member Michonne Ascuaga, the former CEO of Northern Nevada’s Sparks Nugget, is in the cross hairs of the U.S. Department of Treasury’s Financial Crimes Enforcement Network. The allegations include her casino at the time not reporting suspicious financial activity.

Ascuaga was appointed by the Gov. Brian Sandoval last April.

The Review-Journal pointed out that she, along with the other Commission members, recently approved a $1.5 million fine paid by Caesars for money-laundering violations at Caesars Palace.

The Nevada Gaming Commission puts the final stamp of approval on recommendations by the state’s three-member Gaming Control Board. Both bodies meet once a month.

 
 
Tags: Nevada