LVMPD Accuses WSOP Gambler of $57m Exotic Car Scam

Vegas police have charged a pair, together with a poker match common, for working a $57m unique automobile rip-off. [Image: Shutterstock.com]

Rip-off pair charged

The Las Vegas Metropolitan Police Division has charged a pair for masterminding a luxurious automobile, boat funding fraud scheme and pocketing nearly $60m.

In response to the Las Vegas-Assessment-Journal on Monday, Jong Rhee, 45, and Neelufar Rhee, 34, allegedly duped buyers into believing the luxurious objects “can be resold to abroad patrons at large revenue margins.”

spend a number of days taking part in poker.”

The LVMPD said the Rhees used the investor’s cash to fund their lavish existence, which included Jong’s participation within the World Collection of Poker occasion in Las Vegas and comparable tournaments, and “would typically spend a number of days taking part in poker.”

Rip-off unravels

The LVMPD issued a information launch with a YouTube hyperlink of a few of the recovered autos, together with a luxurious motor yacht and Bugatti supercars. 

Police declare the Rhees duo ran the alleged rip-off by way of two companies they owned in Las Vegas and Henderson, particularly Twisted Twins Motorsports LLC and Lusso Auto Spa. 

may promote for $7.5m regardless of being valued at $526,000

Metro cited a case of a 2024 Rolls-Royce Spectre that Jong said he may promote for $7.5m regardless of being valued at $526,000. The couple’s lavish way of life constructed on fraud, nevertheless, ultimately caught as much as them, with detectives discovering texts revealing the Rhees “have been below intense stress on account of mounting money owed, delayed funds.”

Final October, a search warrant executed on each the Rhees’ $2m Henderson house and their companies led to police seizing “dozens of high-end automobiles.”

Poker gamble fails

8 Information Now Investigators cited police paperwork it obtained revealing that, in desperation, Jong wager the couple’s final $10,000 to gamble within the World Collection of Poker in 2024. 

That yr at a poker occasion, police stories state, “Jong advised Neelufar, ‘I don’t assume I’ve misplaced 99% 4 [sic] instances in [my] complete life now 4 [sic] instances in a single month.’” The report added Jong “believed {that a} large win would clear up all of their cash points.”

Rhees’ face 78 felony prices

The Hail Mary didn’t arrive and as a substitute the Rhees’ face 78 felony prices, together with cash laundering and racketeering, after they seem in courtroom June 9.