Lawsuit Over Bad Cheques At Freehold

According to an article on forbes.com, a lawsuit has been filed claiming that Freehold Raceway knowingly allowed someone described as a 'high roller' to wager millions

of dollars worth of bad cheques.

It has been reported that the actions ceased at some point this past March.

The lawyer for Marlboro, New Jersey resident Joseph Siragusa calls his client compulsive. The lawyer, Jeffrey R. Pocaro, is seeking a court declaration that Siragusa doesn't owe the track $554,000 in net outstanding 'rubber cheques.'

According to the article, the lawsuit raises the possibility that bad-cheque-based wagering was allowed so as to artificially increase the track's handle, or daily bet volume.

Click here to read the forbes.com article in its entirety.

(With files from forbes.com)

Have something to say about this? Log in or create an account to post a comment.