Stop Predatory Gambling

What happens when one something for nothing schemer collides with another?

by spgadmin

A Las Vegas casino is suing accused swindler Allen Stanford for repayment of a gambling debt of more than a quarter million dollars, according to court papers. The Bellagio Casino seeks to recover the $258,480 debt Stanford accrued in January 2009 plus 18 percent interest. Read the story here.

Stanford is accused of running an alleged $7 billion Ponzi scheme that regulators described as “massive.” The fraud centered on certificates of deposit (CDs) issued by the firm’s offshore bank in Antigua.

It’s highly ironic that a casino, the ultimate something for nothing scheme, is suing an individual responsible for another prominent something for nothing scheme. Physicists have pondered the question of what happens when an unstoppable force meets an immovable object but what happens when nothing collides with nothing?