Las Vegas Life Coach Arrested for Stealing to Gamble

This story was published more than 1 year ago.

A 65 year-old Las Vegas man was arrested on warrants for fraud and theft charges on December 13th, following allegations that he was running a Ponzi scheme to fund his gambling habit.

Rodney Buckle was arrested on December 13th for the charges and was ordered held without bond. He was found to have been running unlicensed businesses as a life coach and financial advisor under the names "Rodd U", "Rodd One", and "Rodd United".

According to prosecutors, Buckle was taking in money from customers that ranged between $100 and $700,000 under the premise that he was going to invest money for clients. The size of the pot swelled up to $500 million, but the problem is that Buckle allegedly wasn't investing the funds. According to statements given to police, Buckle's girlfriend Warisra Stevens said that Buckle was withdrawing upwards of $25,000 a week to gamble and to use for personal means. Stevens was in on the scheme too, having bills paid and her lifestyle funded.

Stevens previously pleaded guilty to securities fraud and conspiracy charges, and was sentenced to 19 months in prison.

Buckle is due back in court in January. Casino Listings News is following this story and will update readers as appropriate.

About the author

Dustin Jermalowicz // News Editor
Dustin Jermalowicz
Dustin has a long-standing passion for gambling. He has been writing professionally on the subject and breaking industry news for Casino Listings since 2011. His favorite casino games include Blackjack, Poker, and Hi/Lo. A proud native of Detroit, Dustin currently lives in Michigan.
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lvblck
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29 December 2022 - 10:07pm
#1

A life coach that steals money from clients. I mean this is hilarious and sad at the same time. I have no idea how can someone sleep at night when they're literally stealing money.

auCL-Ed
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31 December 2022 - 4:35am
#2

That is extraordinary! How on earth does some two-bit "life coach" convince people to hand over $500 million?!?! With those kind of powers of persuasion I would have thought he could have easily made a good living by taking a commission like most financial advisers. Just 0.5% would still be $2.5m in commissions. What the hell?

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usbarbadosslim93 Recently online: 10 min ago
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2 January 2023 - 3:50pm
#3

Anyone willing to invest money with a man that has a business named Rodd U or Rodd United is too stupid to have money and I don't feel sorry for them.

lvblck
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5 January 2023 - 10:58pm
#4
barbadosslim93 wrote:

Anyone willing to invest money with a man that has a business named Rodd U or Rodd United is too stupid to have money and I don't feel sorry for them.

Haha good point slim! Honestly crazy how people with lots of money don't vet the people they trust their money with.