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At his sentencing hearing, Martinez apologized for his steps and reported that he was “stupid” for committing the crime. Prosecutors questioned for the prison sentence, though the judge made a decision to give Martinez a suspended sentence.
While Martinez was the key particular person billed and sentenced, legislation enforcement sources point out he was Operating underneath the way of One more particular person, thought for being the mastermind orchestrating the casino fraud ring.
The 24-calendar year-outdated pleaded responsible to only one count of theft from Circa, a Classification B felony punishable by as many as twenty years in jail, but was sentenced to your yr in jail.
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This circumstance serves to be a stark reminder from the pervasive mother nature of monetary fraud and the importance of regulatory oversight. It underscores the need for stricter polices plus more robust enforcement mechanisms to safeguard traders from fraudulent schemes.
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The bulk reported it had been “troubling” that Wan and Ho could not create text messages which would have get rid of light on their relationship While using the plan’s founders and whether they understood the scheme was fraudulent.
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