Philadelphia Man Wanted for Fraudulent Checks Cashed at Casino
State Police from the Gaming Commission have charged a Philadelphia man for cashing in fraudulent checks at the Philly Live! Casino in Bensalem.
An arrest warrant filed in July by casino authorities who were tipped off to suspicious behavior by suspect Terrence F. Clark, 37 on 3/10/2022,
According to the warrant Clark, of Philadelphia headed to the Philly Live! Casino located at 900 Packer Avenue, and obtained $15,000.00 in cash with no player’s card or rated game play. Subsequently Clark left the Casino without playing any games, according to court papers.
This was possible thanks to a cash advance system, which allows casinos to issue large sums of money to individuals based on their banking statement, investigators said.
Clark deposited checks into his Navy Federal Credit Union (NFCU) account which where later determined to be fraudulent, authorities allege.
Clark tried to get an additional $15,000 with a cash advance, but was denied by Casino employees due to suspicious behavior, court records show.
Clark is alleged to have deposited two checks on 3/07/22, which were both approved by the Credit Union, one allegedly issued by Santander Bank for $45,000.00 and anther allegedly issued by The Greg Hill Foundation in the amount of $42,765.
Through an investigation it was determined that both checks were fake, investigators allege.
The Navy Federal Credit Union reported losses totaling more than $87,000 as a result of Clark’s alleged deceit.
Clark has been charged with four counts dealing in proceeds of unlawful activities, six counts of forgery and four other financial related felonies.
He remains at large as of September 6, according to court records.