Saturday, April 16, 2016

Confusing Counterfeit Chip Cheat Scam at the Grand Casino in Monaco

Looks like a palace, right?
I am a little late on this one, but the reason I'm blogging it now is because I'm confused, and I would like someone to shed some light on it...if at all possible!

According to various press reports, three British nationals, Sajid Rashid, Qamar Hussain and Zahidul Haque Kahn, bilked the Monaco Grand Casino out of $4.2 million by switching fake chips they bought for 10 euros each for real 1,000-euro chips--continuously for a full year while the casino paid for their posh hotel rooms and their gourmet meals with Dom Perignon champagne.

The scam finally came apaart--God knows how--and the judge sentenced the trio to 18 months to three years in a pretty Monte Carlo prison overlooking all those gorgeous yachts in the Mediterranean. And to boot, he said the convicted casino cheats only have to make $1 million restitution to the famed casino.

First thing I don't get is: what the hell did these classy casino cheats do...just go to the cage and change their fake $10 chips for genuine $1,000 chips--to the tune of $4.2 million?

Or did they go to the gaming tables and exchange their phonies for the beauties there?

Or did they do a type of pastpost-switch move with real $1,000 chips and real $10 chips?

Whatever the heck they did, some supposed French gaming sleuth named Christian Ollier said, "These gentlemen were very good."

Now what the hell does that mean?

If someone knows what happened there in what happened to have been one of my favorite casinos to cheat in when I was active, please let me know!