Brandon Sattler, a notorious Las Vegas high-roller and serial fraudster, has been sentenced to 51 months in prison after pleading guilty to wire fraud. The 47-year-old admitted to fraudulently obtaining over $10 million from three lenders by falsely claiming he needed funds for casino renovation contracts.

Sattler's scheme involved altering bank information to inflate his account balances, deceiving lenders into providing money for his fictitious casino security firm, SattCom Video. In reality, his only legitimate casino dealings were as a gambler, where he claimed to have won and lost millions at various Las Vegas Strip establishments.

During a 2022 deposition, Sattler made explosive allegations against former MGM Grand and Resorts World Las Vegas president Scott Sibella, claiming they had a history of partying together and engaged in inappropriate behavior. Sibella was later fired from Resorts World and received a year's probation for violating the Bank Secrecy Act in an unrelated case.

This conviction adds to Sattler's extensive criminal history, including:

• 2004: Guilty plea for aiding and abetting bank fraud in Texas
• 2004: Conviction for grand theft and forgery in California
• 2006: Fraud charges in Los Angeles County

Prosecutors noted that previous punishments failed to deter Sattler, instead leading to more sophisticated fraudulent schemes. His defense attorney attributed his criminal behavior to a severe gambling addiction, requesting leniency in sentencing.

Assistant U.S. Attorney Daniel Schiess emphasized how Sattler's prior convictions only led to more sophisticated criminal activities, while his attorney, Shawn Perez, described gambling as a "demon" that had consumed his client's life.

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