Roselli Brothers: Million $$ casino scamsters who were never caught

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In the annals of casino history, tales of audacious cheats and scams have often captured the imagination. One such story revolves around the Roselli Brothers, Frank and Anthony, who orchestrated a high-stakes casino scam that left a lasting mark on the industry.

The Roselli Brothers, Frank and Anthony, embarked on a daring scheme in the 1970s that involved manipulating casinos in Atlantic City, Las Vegas and Puerto Rico.

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The Roselli Brothers’ scam was notable for its complexity and audacity. Their plan can be broken down into several key steps:

  1. Identity Theft: The Roselli Brothers would begin by assuming the identities of individuals with clean credit histories. This often involved obtaining personal information through various means, including theft or social engineering. In fact, no one knows their actual names.
  2. Building Credit: Using the stolen identities, they would apply for substantial lines of credit at the casinos. These establishments, eager to attract high-rollers, would often grant these requests without extensive background checks.
  3. Gambling on Credit: Armed with substantial credit lines, the Rosellis would gamble heavily at the casinos. They used the casino’s money, essentially, to place bets and play games, accumulating large debts.
  4. Vanishing Act: Once the debt had reached a substantial sum, the brothers would disappear, leaving the casinos holding the bag for the borrowed money. Casinos with intention to retain customers would send polite reminders, followed by warnings, threat for legal proceedings. All this communication would reach a wrong person who never gambled in the said casino.

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The Roselli Brothers’ audacious scheme went undetected for some time, primarily due to the lax credit-checking practices of the casinos at the time. It was only a matter of time before their activities attracted attention, resulting in a statewide manhunt. But the Roselli Brothers’ were never caught for the reason the real Roselli Brothers whose ID they’d thieved had died long before their scam was conceived.

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The Roselli Brothers’ casino scam serves as a cautionary tale for the gambling industry. Their elaborate scheme exposed vulnerabilities in casino credit systems and led to increased security measures and scrutiny when granting credit lines. Today, casinos employ sophisticated technology and comprehensive background checks to prevent such scams. The scale of Roselli scam is said to be close to $40 million with last known activity in the year 2000.

While their names have faded into relative obscurity, the Roselli Brothers’ audacious casino scam remains a remarkable chapter in the history of gambling. It reminds us that even in the world of high-risk wagers, cheaters will go to great lengths to exploit weaknesses in the system, making it imperative for the industry to stay one step ahead in the ongoing battle against fraud and deception.