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Posted by on Mar 31, 2016 in Blog, Essays, Las Vegas | 9 comments

Vegas Con Man Swindles Suckers with Gambling System

 

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Beware.  Mark Georgantas has a gambling system.

The 53-year-old “professional gambler,” who promotes himself under the tawdry alias “Pure Cash,” insists he’s discovered the secret on how to beat casinos at their own game.  He claims to have won huge profits at blackjack, baccarat, craps, and roulette.  Moreover, the spoils of his secret systems have been shared with an elite clique of privileged investors.

Pray tell, how do I get in on the action?

Lucky for us, Georgantas is generous.  According to multiple gambling websites and user posts made at various online forums, he’s been marketing his betting systems as intellectual property of several private investment companies.  He’s claims that one his firms, “Monster Gaming Entertainment LLC,” would earn $250 million in profit on a $700,000 investment.  Another of his companies, “Monster Intellectual Holdings LLC,” was projected to earn $400 million on a mere $50,000 investment.  But his crown jewel in the bustling financial empire of the imagination was something called “Monster Gaming Products LLC, which would earn back a whopping $4 billion on a $250,000 investment.  Not prone to idleness, he’s also the self-appointed president a company called “21 Matrix, Inc.,” although no one is quite sure exactly what the company produces (other than victims, perhaps).

Georgantas has been trolling victims throughout Nevada and California in recent years looking for suckers while pulling off all sorts of different scams, many connected to gambling.  According to a Jan. 17, 2016 story about Georgantas which ran in the Las Vegas Review Journal:

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