The Magician Who Made $400 Million Disappear

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An Old Fashioned, some red lipstick and a black dress…sigh, there’s just something undeniable about a good ol’ classic. The beloved Vegas showgirl may be an endangered species these days (insert tear), but “VEGAS! THE SHOW” preserved those feather-clad beauties and the likes of an era when everything was flashier and dripping with sophistication. What’s that you ask? Can a show filled with gorgeous and talented women a la Rat Pack era really exist in the here and now? Oh yes my friend, it sure can and all we have to say is raise that curtain and let the good times roll. With a little song, a lot of dance and that certain sultry allure that only old timey Vegas could pull off, this is a trip down memory lane and, well, it’s pretty legit. The costumes are fun, funky, sexy and so real. Ok, well maybe not the candy-themed costumes but hell, their Sammy Davis Jr. sure had us pining for an autograph. For a city that was built on pure, raw talent and obviously dolla dolla bills, this show celebrates iconic moments from the city's rich entertainment history through the decades that made the Vegas we know and love today. And we’ll tip our top hats to that.
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.

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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
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