Wisconsin Casino Ex-CEO Gets 18-Month Sentence After Alleged $72K Embezzlement

The former CEO of a Wisconsin gaming property is heading to prison for 18 months, according to local news reports. It stems from an alleged embezzlement of more than $72,000 from St. Croix Casino Turtle Lake. Leva Oustigoff Jr., 60, of Cumberland, Wis., was given the sentence for tax fraud on Thursday by US District […]

The post Wisconsin Casino Ex-CEO Gets 18-Month Sentence After Alleged $72K Embezzlement appeared first on Casino.org.

Home » Wisconsin Casino Ex-CEO Gets 18-Month Sentence After Alleged $72K Embezzlement

The former CEO of a Wisconsin gaming property is heading to prison for 18 months, according to local news reports. It stems from an alleged embezzlement of more than $72,000 from St. Croix Casino Turtle Lake.

The Book, pictured above, recently opened at St. Croix Casino Turtle Lake in Wisconsin. The casino’s ex-CEO was sentenced to prison after an alleged embezzlement. (Image: KMSP)
Leva Oustigoff Jr., 60, of Cumberland, Wis., was given the sentence for tax fraud on Thursday by US District Judge William Conley. The judge also ordered him to pay more than $40,000 in restitution, WQOW, a local TV station, reported.
Oustigoff pled guilty to tax fraud in March, Western District of Wisconsin US Attorney Timothy O’Shea said. Oustigoff failed to report the income between 2015 and 2018, prosecutors added.
The money was used to remodel Oustigoff’s house, as well as for other personal expenses, Madison.com, a regional news site, reported.

Oustigoff was indicted in 2020. There were eight different counts of embezzlement against him in the indictment. He had faced up to 160 years in prison, prosecutors said.

The indictment was a result of an investigation by the Federal Bureau of Investigation and the IRS. The St. Croix tribe cooperated, federal officials said.
The St. Croix Casino Turtle Lake is operated by the St. Croix Chippewa of Wisconsin tribe. It is located some 77 miles northeast of Minneapolis, Minn.
Questionable Expenses
In a prior series of incidents, the St. Croix Chippewa of Wisconsin was fined in 2020 for alleged misuse of casino funds.
It allegedly used casino funds to pay over $301,000 to Lawrence Larsen between 2015 and 2017 for consulting services on marijuana and related products. He was paid from money generated at St. Croix Casino Turtle Lake because of the tribe’s interest in growing marijuana to produce hemp and Cannabidiol (CBD).
Casino funds were also used to pay for Larsen’s first-class flights to Hawaii, Atlanta, and Seattle. Additionally, he was given $21,247 in casino funds for a 4×4 off-road vehicle, the Milwaukee Journal Sentinel reported.
The payments were among those highlighted by the National Indian Gaming Commission (NIGC) in its Notice of Violation (NOV) dated April 11, 2019. The NIGC is a national regulator that monitors tribal gaming.

It claims the money paid to Larsen is among the $1.5 million that was spent improperly by the tribe. In 2019, the NIGC sent the tribe a 29-page Notice of Violation (NOV) listing 527 infringements of tribal and federal rules.

Initially, St. Croix Chippewa of Wisconsin risked paying up to $27 million in fines after audits claim more than $1.5 million of tribal casino money was improperly spent, misaccounted for, or apparently used for personal expenses.
Tribe Pays $4.5M
In August 2020, the tribe was asked to pay $4.5 million in fines for alleged wrongdoing, according to the NIGC. The fine was lowered by the NIGC from $5.5 million because of hardship from the coronavirus pandemic on the tribe.
The post Wisconsin Casino Ex-CEO Gets 18-Month Sentence After Alleged $72K Embezzlement appeared first on Casino.org.

Casino Provider
Using cutting-edge innovation, data and a never-ending drive to push forward, Ezugi is the partner you need for the best live casino experience.
Play’n GO is an award-winning supplier of high quality gaming content to many of the world’s leading casino brands. Their genuine omni-channel solution can be tailored to suit the needs of individual online and land-based partners, regardless of geographical, regulatory, or market-specific requirements.
Microgaming games are an absolute must for a successful online casino. The provider is the inventor of online slots and progressive jackpots, it has over 20 years of experience on the market, and it has the widest product portfolio. By integrating Microgaming you will attract players with any preferences.
Allbet is an online sportsbook also offering baccarat, blackjack, esports, live dealer games, live/in-play betting, other games, roulette, scratch cards, video poker, and virtual sports using 1X2 Network, BetGames, Betsoft Gaming, Kiron, and Playson software It is owned by Allbet Sports Betting (Pty) Ltd. The site's primary language is English. A download is not required to place a wager.
Gold Deluxe is an Asian-facing developer of live dealer games established in 2011. The company is based in Philippines and currently employs more than 100 individuals. They’ve made their portfolio available at many of the leading gaming sites in Asia, and while still focused on Asian markets, the provider is also starting to deploy their products in other parts of the world.
A9plays Official @ Copyright 2022