Fraudster at Resorts World Accused by 'Robin Hood 702', Leading to His Harassment and Imprisonment
In the world of gaming, a former executive named Robert Alexander has found himself in hot water. Alexander, who made a fortune of $30 million from selling his video games promotion company to Take-Two Interactive, is now facing allegations of misusing Kizzang, an online sweepstakes company, as a personal piggy bank.
According to federal prosecutors, Kizzang, which offered online gaming through slots tournaments, fantasy sports, and scratch cards, had no viable revenue streams. Alexander is accused of using the company for his personal expenses, including gambling expenses amounting to over $900,000. These allegations are part of a broader $9 million fraudulent scheme associated with the company in Las Vegas.
The scheme came to light when professional gambler Robert J. Cipriani, also known as "Robin Hood 702", claimed he was harassed and stalked by Robert Alexander in 2011. Cipriani alleges that Alexander approached him and asked him to gamble with $2.2 million in cash to launder it. Cipriani, fearing reprisal, contacted the FBI.
In a twist of events, in 2016, Cipriani helped the FBI bust drug kingpin Owen Hanson. However, the relationship between the two seems to have soured, with Cipriani calling for an independent investigation into Resorts World's Compliance Department and President Scott Sibella.
Cipriani's criticisms of Resorts World management have not gone unnoticed. He made Twitter posts that potentially violated his bail conditions and was arrested at Resorts World on November 19, 2022, for allegedly taking Alexander's phone.
Alexander pleaded guilty to one count of wire fraud and one count of securities fraud. He faces up to 40 years in prison and a possible fine of $5.25 million. Cipriani also faces a Category C felony complaint related to cheating at blackjack.
The shady activity at Resorts World is a concern for Cipriani, who believes it will impact Genting's NY downstate gaming license. With the legal proceedings ongoing, the gaming industry and the public will be closely watching the developments in this case.
