Washington, DC, 26th December 2024, ZEX PR WIRE, In sports betting, few names have garnered as much attention and controversy as “Vegas Dave,” a self-proclaimed betting expert who promises lucrative returns and insider knowledge. However, beneath the flashy persona and bold claims lies a story that warrants caution and skepticism. Transition this flare and obnoxiousness to Cabo San Lucas, Mexico and you’ll find 3 villas that wear the “Scammer of Sports Betting” namesake. Many wonder if these villas are even his. Recently, a Plaintiff claimed Vegas Dave stole money from him when he attempted to rent the villa…. And now we know these villas really are Vegas Dave’s.
Vegas Dave, whose real name is David Nakama Oancea, has carved out a niche as a high-profile sports betting guru. He often boasts about his significant wins and lavish lifestyle, frequently showcasing his success on social media platforms. With flashy cars, luxurious vacations, and a seemingly endless stream of betting tickets, he paints a picture of a life many aspiring bettors dream of achieving. But when the cover is pulled back and “investors” come forward to show they have been fleeced, Vegas Dave’s true tale of fortune is lined with abuse, bait-and-switch tactics and a multitude of deceitful practices, reminiscent of a small-time crook that has been given elite status through social media platforms and millions of fake followers.
When he’s not cheating retirees or blocking clients who lost through the purchas of his baseball packages, Vegas Dave is seen relaxing on the beaches of Cabo San Lucas, Mexico. Several years ago, Vegas Dave reported that he purchased a villa in the small fishing town that now is a hot destination for Hollywood elite. Quickly, Vegas Dave claimed to have 3 villas in his real estate portfolio. (The DC Reporting Team inquired with the IRS to see if these are actually Oancea’s, but the team has not received a reply to these inquiries).
A villa owner, Karen Campbell, has led the charge to find and inform other homeowners, “Villa owners have to avoid Oancea at all costs. The risks associated with Oancea significantly overshadow any possible benefits Dave promises but fails to deliver. This isn’t Dave’s first brush with the law. He has a pattern of cheating owners and renters.”
The controversy ignited on July 29, 2024, when Platintiff, Hatim Shafique made his initial deposit, believing it would remain refundable until a binding contract could be signed. However, the rental peace shattered as Villa Vegas Dave rolled out an outrageous list of stipulations that have left Shafique in disbelief! “He told me I couldn’t invite certain people to my Engagement Party, so I told him to send the money back.” Mr Shafique is represented by David J Malley and Hannah R Rogers of Hutchison & Steffen, PLLC of Las Vegas, Nevada.
Vegas Dave has been the eye of the strom in a series of shameful court battles. In 2017, he was indicted by a Federal Grand Jury and IRS for 9 counts of misuse of Social Security Numbers and 10 counts of causing false currency transaction reports to be filed based on the false Social Security Numbers. During that same year, he was charged with Domestic Violence, where Tom Pitaro and Robert DeMarco defended Oancea from accusations of pushing a woman to the ground in a public setting.
Oancea has also been in front of the judge for allegedly selling a counterfeit 1986 Michael Jordan RC sports memorabilia card. And more recently, court filings show that Vegas Dave has been in a legal tussle with his former property management company in Cabo San Lucas, Mexico. It appears Oancea claims he was stolen from, but several court filings later appear to show that the property management company is actually due a significant sum of money. It is understood that Oancea stopped paying for services and then blocked his homes from vacation rentals “that were booked and pre-paid.” The property management company, Cabo Platinum, was not available for comment.
In a world with lewd talking heads that make great claims to vast fortunes on social media, we’re reminded to proceed with caution. Now that these individuals have transitioned their fancy lifestyles into vacation homes, we need to further protect ourselves from fraudulent and deceitful practices. It’s quite sad when we begin to think about vacations as a place to escape all of that nonsense. But when you realize that Vegas Dave is at the helm of your vacation home, there is no rest or relaxation.
Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No FUNDS MANAGEMENT journalist was involved in the writing and production of this article.