Vegas High-Roller DeSage: I'm Not Guilty of Fraud

By: AP Email
By: AP Email

LAS VEGAS (AP) - High-rolling Las Vegas businessman and two of his employees have pleaded not guilty to felony charges stemming from a massive fraud scheme.

The Las Vegas Review-Journal reports 63-year-old Ramon DeSage entered his plea in U.S. District Court on Wednesday along with his 61-year-old accountant, Peter Akaragian of Southern California, and his 43-year-old bookkeeper, Gary Parkinson of Las Vegas.

DeSage was charged last week in a superseding federal indictment that added dozens of felony counts in what prosecutors say was a scheme to defraud investors of roughly $190 million.

Prosecutors say DeSage is a Lebanese-born entrepreneur with both business and gambling ties to Las Vegas casinos. He's accused of using his companies including Cadeau Express, Beryt and Merits Incentives to defraud investors.

Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Copyright © 2002-2015 - Designed by Gray Digital Media - Powered by Clickability 246384541 -
Gray Television, Inc.