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Wembley CEO faces three years in US jail

AccountancyAge.com, Accountancy Age, 31 Oct 2005

Former CEO of gaming company Nigel Potter – a chartered accountant – is sentenced to three years in US jail

The former chief executive of gaming company Wembley, Nigel Potter, has been sentenced to three years in a US jail.

The British accountant was sentenced on Friday after being found guilty in August along with Daniel Bucci, former managing director of Lincoln Park (Wembley's US subsidiary) of conspiring to bribe John Harwood, a federal official and attempting to stop the construction of a rival casino.

Potter and Bucci were accused of offering Harwood $4m (£2.3m) to increase the number of slot machines at Wembley's Rhode Island casino and stop the construction of the Narragansett Indian casino.

Bucci was sentenced to three years and five months for his part in the conspiracy, and Potter's plea for leniency was ignored as he was sentenced for three years.

Potter and Bucci are due to start their sentences on November 25 and were fined $75,000 each. Lincoln Park itself was fined $1.5m and was sold in July along with the rest of Wembley's US business to BLB Investors, a consortium.

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