$40 Million Man Archie Karas Charged with Casino Cheating

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

One of the entire world’s many gamblers that are famous been faced with cheating and defrauding a casino; Archie Karas, now 62, who had been said to have built up $40 million in winnings over three years within the mid 1990s from an original $50 stake years ago only to lose it all back, was allegedly caught marking cards at a blackjack table in a California casino recently.

Arrested at His Home

According to authorities, Karas was taken into custody last week at his Las vegas, nevada home. Karas will be extradited to San Diego to face charges of burglary, winning and cheating by fraudulent means. Karas may potentially confront three years in jail if he is convicted of all costs.

‘This defendant’s fortune ran out thanks to cooperation that is extraordinary various legislation enforcement agencies who worked together to analyze and prosecute this situation,’ said Bonnie Dumanis, hillcrest County District Attorney.

The case was opened in July, after Karas whose real name is Anargyros Karabourniotis was 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, to be able to gain a benefit over the Barona Resort and Casino in Lakeside, California, which is situated inland in North San Diego County. Read More