Famous Las Vegas gambler gets probation in card-marking case

By Marty Graham SAN DIEGO (Reuters) – A Las Vegas gambler who once famously turned $ 50 into $ 40 million and then lost it all has been sentenced to three years' probation for a card-marking scheme that got him arrested at a California casino, a San Diego prosecutor said on Thursday. Anargyros Karabourniotis, who was also ordered to pay $ 6,860 in restitution,?pleaded guilty to a felony count of …
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Las Vegas executive held liable over Ponzi scheme in SEC case

District Judge James Mahan in Las Vegas ruled on Friday that the U.S. Securities and Exchange Commission had produced sufficient evidence to support its claims in a civil lawsuit last year against Edwin Fujinaga and his firm MRI International Ltd. Fujinaga advertised "guaranteed" and "unwavering" investments, but actually "had sole control over investment funds, using them for his own personal …
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