AML Compliance and Enforcement: Sibella Scandal and Corporate Accountability

The Compliance Confidential series reveals that MGM allegedly used former executive Scott Sibella as a fall guy in the AML scandal, shifting corporate blame onto an individual. Attorneys argue lack of evidence and selective prosecution. This case is a critical look at how AML enforcement works in Nevada casinos, highlighting the tension between individual accountability and corporate responsibility. Essential reading for compliance and operations professionals.