Yul Na has been indicted on charges of wire fraud and money laundering in connection with what officials say was a sports betting scheme. U.S. Attorney for Nevada Daniel Bogden announced the indictment against Yul Na on Wednesday.
Na is charged with 30 counts of wire fraud, 29 counts of money laundering and criminal forfeiture.
Na allegedly stole nearly $1 million from investors who thought they were participating in a sports betting arbitrage program with guaranteed returns. The indictment alleges Na told investors to make player to player transfers to Mandalay Bay Resort and Casino, with notations for the funds to be applied to his personal account. Investors transferred more than $962,000 to Na, which he allegedly used to wager at Mandalay Bay Property. A warrant has been issued for Yul Na's arrest.



This is all to common now just last year to current a New Jersey resident was doing something very similar by utilizing offshore accounts. He offers a 8% free roll but was a 100% con artist!. Just play and have fun don't get scammed by these degenerates.