BusinessCorporate FinanceWembley CEO faces three years in US jail

Wembley CEO faces three years in US jail

Former CEO of gaming company Nigel Potter – a chartered accountant – is sentenced to three years in US jail

The former chief executive of gaming company Wembley, Nigel Potter, has been
sentenced to three years in a US jail.

The British accountant was sentenced on Friday after being found guilty in
August along with Daniel Bucci, former managing director of Lincoln Park
(Wembley’s US subsidiary) of conspiring to bribe John Harwood, a federal
official and attempting to stop the construction of a rival casino.

Potter and Bucci were accused of offering Harwood $4m (£2.3m) to increase the
number of slot machines at Wembley’s Rhode Island casino and stop the
construction of the Narragansett Indian casino.

Bucci was sentenced to three years and five months for his part in the
conspiracy, and Potter’s plea for leniency was ignored as he was sentenced for
three years.

Potter and Bucci are due to start their sentences on November 25 and were
fined $75,000 each. Lincoln Park itself was fined $1.5m and was sold in July
along with the rest of Wembley’s US business to BLB Investors, a consortium.

Related Articles

Grant Thornton recruits new corporate finance partner

Accounting Firms Grant Thornton recruits new corporate finance partner

10m Emma Smith, Managing Editor
Total fraud value at £2bn five-year high, finds BDO

Accounting Firms Total fraud value at £2bn five-year high, finds BDO

11m Stephanie Wix, Writer
MHA MacIntyre Hudson appoints corporate finance director

Accounting Firms MHA MacIntyre Hudson appoints corporate finance director

11m Stephanie Wix, Writer
Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

Consulting Tyrie on Finance Bill 2017: ‘Making Tax Policy Better’

11m Stephanie Wix, Writer
KPMG announces senior partner promotion in Newcastle

Accounting Firms KPMG announces senior partner promotion in Newcastle

11m Stephanie Wix, Writer
Independent city firm reports 70% growth

Accounting Firms Independent city firm reports 70% growth

11m Stephanie Wix, Writer
Tax avoidance crackdown sees 80% jump in additional HMRC revenue

Accounting Firms Tax avoidance crackdown sees 80% jump in additional HMRC revenue

11m Stephanie Wix, Writer
Making Tax Digital: the "unexpected item in the bagging area"

Accounting Standards Making Tax Digital: the "unexpected item in the bagging area"

11m Stephanie Wix, Writer