Man charged in gambling chip fraud |

Man charged in gambling chip fraud

STATELINE (AP) – A Burbank, Calif., man accused of using a fraudulent line of credit to obtain $85,000 in gambling chips from a Lake Tahoe casino has pleaded not guilty to more than a half dozen felony charges.

Karl Asatrian entered the plea in Tahoe Justice Court on Tuesday, six days after he was arrested by Nevada Gaming Control Board agents.

Douglas County sheriff’s deputies say the 37-year-old Asatrian was arrested on suspicion of using a forged California driver’s license and a stolen credit card to access another man’s home equity line and wire $130,000 to a front money account at Harrah’s Tahoe.

Investigators think he then allegedly used the line of credit to obtain the $85,000 in gambling chips. They say he later won $4,825 and cashed out.