The Magician Who Made $400 Million Disappear

Your video will begin in 5
0 Views

  • Thanks! Share it with your friends!

    You disliked this video. Thanks for the feedback!

Caesars Rewards: Hotels
RockSinCity
Published
In December 1998, Raymond DeMarco walked off the stage of the Tropicana Hotel and Casino for the last time. Behind him: 412 investors, $400 million missing, and a fraud that had been hiding in plain sight for years.
This is the story of how Las Vegas's most celebrated magician became its most wanted man — and how the same skills that made audiences gasp in wonder made it impossibly easy to steal from the people who trusted him most.
From the factory floors of Detroit to the neon marquees of the Strip. From a $5 birthday party show to a million-dollar residency. And then, in one night, into nothing.
Did he know exactly what he was doing? Or did a con man find the perfect weapon in a man who had spent his whole life making people believe in things that weren't real?
The FBI is still looking.

???? Subscribe for more untold Las Vegas stories.

Vegas Untold explores the hidden history, forgotten figures, and stranger-than-fiction stories behind the world's most mythologized city.
Category
Vegas Untold
Tags
Las Vegas history, Las Vegas documentary, Las Vegas magician
Sign in or sign up to post comments.
Be the first to comment