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Man Arrested For Stealing $1.6 Million Worth in Casino Chips

Akingide Cole, 31, from Palmdale was taken into custody October 24th by deputies from San Bernardino and Los Angeles counties. Cole was wanted on suspicion of grand larceny, burglary and possession of burglary tools in connection with the stolen Las Vegas casino chips amounting to $1.6 million.

Security cameras at the Venetian hotel caught Cole walking into a restricted area of the hotel and stealing the chips. There were no weapons, security guards, or witnesses involved. The main eye witness was the surveillance camera.

Cole has some very distinct features like a “large fibrous growth” on his left earlobe that helped police identify him. He was also previously arrested by Las Vegas police in 2011 for possession of a controlled substance.

After Cole was arrested, Las Vegas detectives went to his mother’s Southern California home, near where he was arrested, and found more than $396,000 worth of the stolen chips.

Cole is now in Los Angeles county jail waiting to be extradited to Nevada.

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