Jurors told Pechanga Resort and Casino bilked out of $4 million [The Press-Enterprise, Riverside, Calif.]
| By Richard K. De Atley, The Press-Enterprise, Riverside, Calif. | |
| McClatchy-Tribune Information Services |
The complicit executive received
The two men, former broker
During her talk with jurors, Roy outlined a pattern in 2006 and 2007 of overcharged insurance invoices signed by Robinson that put the alleged illicit money in Riley's pocket -- with subsequent cashier check payments back to Robinson.
Roy said when the two men were questioned, they said insurance prices were much higher as a result of insurance companies' losses due to 2005 Hurricane Katrina destruction along the
The alleged scheme began to unravel in late summer 2006 after an employee noticed irregularities with one invoice, triggering an investigation by casino financial executives, Roy said.
Robinson was continuing to sign inflated insurance invoices even after he left the resort and went to work for the Pechanga Government Center, a separate entity that has nothing to do with resort and casino operation, Roy explained.
Riley's defense attorney stood by the explanation his client and Robinson gave during initial inquiries.
"He did his job, saving his client, his largest client,
Riley, of the firm
Roy told jurors that in one instance, the invoice finagling amounted to
Roy told jurors that the
"Instead of (the money) going back to Pechanga, or showing the decrease, that reduction becomes the agency fee," she said.
The
Diallo said he would show jurors how one of the theft charges simply involved the discrepancy between a listed down payment and a subsequent invoice. "We will explain what the difference is, and why that difference does not constitute a theft."
He also said the
Roy said forensic accounting traced the alleged bribe money that went from Riley's personal account to cashier's checks made out to Robinson, who signed them over to a man named
"
Diallo said he did not dispute that Riley gave Robinson what he called substantial amounts of money. He said it was to help Robinson through a divorce in 2005 and then, in 2006, as a gift to help him buy a business. He said there would be testimony that Riley had no knowledge of Robinson's purported gambling problems.
He also said Robinson did not unilaterally sign off on the invoices; they also required board member approval.
Robinson's attorney,
Like Diallo, he told jurors Robinson "did not have a checkbook in hand, he did not have unfettered discretion" in paying the insurance invoices, but needed board approval. He also acknowledged there were payments from Riley to Robinson, but there was no documentation about what those payments were for.
The trial is expected to last until the end of the month. Both men are free on bond.
___
(c)2012 The Press-Enterprise (Riverside, Calif.)
Visit The Press-Enterprise (Riverside, Calif.) at www.PE.com
Distributed by MCT Information Services
| Wordcount: | 784 |



Farm Bureau also dropping home insurance customers; 3,000 in South Carolina are getting non-renewal letters [The Post and Courier, Charleston, S.C.]
Advisor News
- Millennials are ready to bring their advisor to the family table
- How healthcare inflation can eat up a client’s retirement income
- Global economy ‘resilient’ in the wake of massive disruption
- Cryptocurrency legislation takes one step forward with bipartisan support
- IRS CEO FRANK J. BISIGNANO VISITS OHIO TO TOUT WORKING FAMILIES TAX CUTS PROVISIONS ON NO TAX ON CAR LOAN INTEREST, NO TAX ON OVERTIME, ENHANCED DEDUCTION FOR SENIOR CITIZENS
More Advisor NewsAnnuity News
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Matthew Michelini named Athene president, with an eye on annuity growth
- Lincoln Financial Announces Executive Leadership Transitions
- MetLife Expands Guaranteed Retirement Income Offering with Innovative Flexible Annuity Option
- How annuities can help protect retirees from financial scams
More Annuity NewsHealth/Employee Benefits News
- Getting disability benefits got harder after the Social Security Administration’s staff was slashed and program rules were changed by Trump
- State suit accuses insurer of fraud
- Hecklers disrupt Hinson rally in Cedar Rapids
- Hecklers disrupt Cedar Rapids campaign rally as Ashley Hinson touts stock trading ban
- Reed: Can these assets be saved?
More Health/Employee Benefits NewsLife Insurance News
- 26North Re Agrees to Acquire 100% of Independent Insurance Group
- Lincoln Financial Announces Executive Leadership Transitions
- Setting the record straight on premium-financed IUL
- AM Best Affirms Credit Ratings of Halyk-Life, JSC
- AM Best Affirms Credit Ratings of Symetra Financial Corporation and Its Subsidiaries
More Life Insurance News