Quote of the Day

“Because of your reporting, we’ve seen patrons using casinos and card clubs to conceal narcotics transactions, to move money in support of international fraud schemes, to launder real estate fraud money, or to transfer money for other illicit purposes.” — FinCEN Associate Director of Enforcement Stephanie Brooker, telling casino executives that the good news is that they’re doing a much better job of regulatory activity and the bad news is that their properties seem to be revealed as beehives of dodgy transactions.