Illegal Gambling Ring Head in Military Equipment Theft Plot
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Nathan Nichols, 46, ran an illegal gambling business in Corpus Christi, Texas. He also had a role in the theft of military equipment from Fort Hood. Nichols will be sentenced on June 21.
Nathan Nichols owned Lady Luck and Theo's Bar. He was part of a ring that operated illegal gambling devices. The devices simulated slot machines and allowed gambling in cash. Three other men were also part in the illegal business. They were charged with money laundering. Authorities seized millions of dollars, gold bars and vehicles.
Nicholas admitted to stealing US Army property worth $2.18m. He was in contact with the person who stole the goods and asked for pictures of the stolen goods before purchasing them. Nichols put the items up for sale on eBay. The FBI was the chief investigator for the illegal gambling side of this case. Homeland Security Investigations led the investigation for stolen military equipment.
