Originally <a href='/showthread.php?p=16527106'>posted</a> on 10/26/2012:

Quote Originally Posted by VegasVixen View Post
Just got off the phone w/ my buddy.. he said Cantor's stance at work today is "business as usual" and that it's not a Cantor issue; more of a rogue employee situation. Didn't expect they'd say much more... Stay tuned
Does not really rhyme with the charges laid. Especially the money laundering charges. Those would be laid specifically to the individual who handled or authorized the transactions.

He is charged with first, third and fourth degree money laundering.

It would make sense that he as manager of a sportsbook approved wagers in excess of $10,000-500,000 that were tied to the street vendors named in the indictments.

The third and fourth degree money laundering charges are laid when transaction exceeds 10,000. The first degrees belies that the transaction was over 500,000 and was made with the intent to conceal the source or nature of a transaction.

It would appear that both Pinnacle and Vegas knowingly were being used by these vendors to lay off their take.

If true it would be hard to blame a transaction of that magnitude on an employee. How could Cantor (or it's internal auditors) not know this or question it.