Feds Shut Down Bicycle Hotel & Casino for 'Criminal Fraud' Investigation

Bicycle Hotel & Casino

Sharelines

Federal agents served a search warrant at the Bicycle Hotel & Casino in Bell Gardens supposedly as part of a criminal fraud investigation, shutting it down April 4, reported CBSLA.com.

HLS/ICE leading multi agency raid/Bicycle Casino, Bell Gardens. Poss fraud/money laundering. @CBSLA @KCBSKCALDesk… https://t.co/PwnoRYsfrf

— Mark Dunn (@mobile2markdunn)

Officials with U.S. Immigration and Customs Enforcement’s Homeland Security Investigations confirmed the raid to CBSLA, but would not comment further on the investigation.

KNX 1070 reporter Pete Demetriou broke the news on Twitter.

#BREAKING Federal agents shut down Bicycle Casino & Hotel in Bell Gardens for “criminal fraud” investigation. More… https://t.co/guG0F7bU0a

— Pete Demetriou (@knxpete)

Other agencies were also present to conduct the raid, including members of the Los Angeles High Intensity Financial Crime Area Task Force, which includes HSI, the IRS, the California Department of Justice, and the U.S. Attorney’s office, officials said to CBSLA.

More to come as the news develops.

Have you ever wanted to write your own articles about poker? Maybe you’ve got some experiences or opinions about poker that you’d like to share. PokerNews is proud to launch The PN Blog where you can have a platform to make your voice heard. Learn more here.

Let’s block ads! (Why?)