LAS VEGAS (KSNV MyNews3.com) – Today’s Rip-Off Alert focuses on a man suspected of setting up financial schemes for several years.
George C. George, 54, is believed to have been involved in financial schemes dating back to 2007. Metro says his primary scheme revolves around real estate.
George originally befriended casino employees, most notably VIP hosts or dealers, as he is an avid gambler. He would engage them in conversation about real estate, and upon learning that the person had a home or was interested in purchasing a home, he would tell them he could help them by purchasing the home in cash using his own funds or by promising them he could refinance or modify their mortgage.
All of the schemes required the victims the put up money for various reasons such as down payment, earnest money, origination fees, etc., in order for the deal to take place.
In many cases, those people would be unable to contact George, especially after refusing to provide any more money until the deal went through.
On some occasions, George would threaten them with physical harm. Most of the victims lost substantial amounts of money, up to and including most or all of their savings.
LVMPD detectives are requesting assistance from citizens to identify potential victims dating as far back as 2010. If you believe you may be a victim of George, please contact detectives at (702) 828-3590.