{"id":1005,"date":"2025-09-25T15:54:50","date_gmt":"2025-09-25T15:54:50","guid":{"rendered":"http:\/\/www.chuckwardrealestate.com\/?p=1005"},"modified":"2025-09-29T12:08:53","modified_gmt":"2025-09-29T12:08:53","slug":"feds-order-coushatta-casino-consultant-suspended-amid-350k-fraud-allegations","status":"publish","type":"post","link":"http:\/\/www.chuckwardrealestate.com\/index.php\/2025\/09\/25\/feds-order-coushatta-casino-consultant-suspended-amid-350k-fraud-allegations\/","title":{"rendered":"Feds Order Coushatta Casino Consultant Suspended Amid $350K Fraud Allegations"},"content":{"rendered":"
The National Indian Gaming Council (NIGC) has ordered the Coushatta Tribal Gaming Commission (CTGC) to cut ties with a former general manager of its Louisiana casino for failing to report possible financial fraud.<\/a><\/p>\n The federal agency demanded that the commission suspend the gaming license of Todd Stewart, who currently acts as a consultant for the Coushatta Casino in Kinder, La., the state\u2019s largest gaming venue, The<\/em> Louisiana Illuminator<\/em> reports.<\/a><\/p>\n The move follows a complaint received by the NIGC last year alleging that former Coushatta Tribe of Louisiana chairman Jonathan Cernek had misappropriated gaming revenues, a claim later backed up by an independent audit.<\/p>\n The audit revealed tribal leaders failed to keep track of credit card use. They also failed to produce receipts for purchases totaling more than $100K over the two-month period in 2024 that auditors examined.<\/p>\n The NIGC, the FBI, and state authorities are investigating allegations that Cernek, and possibly others, used the credit cards to swindle at least $350K from the tribe and its members, as first reported by Native News Online.<\/em><\/p>\n<\/div>\n Cernek abruptly stepped down as chairman in August 2024, three years and two months into a four-year term. He was on the tribal council for 11 years, previously serving as vice chair and a council member.<\/p>\n In a letter sent to the tribe dated September 8 and seen by the Illuminator<\/em>, Shawna Castellano, an NIGC regional director, said her agency interviewed Stewart in June and discovered he didn’t \u201cdisclose suspected fraud to the external auditors during the [fiscal year] 2023 annual audit of the financial statements.\u201d<\/p>\n He also failed to bring up the matter with \u201cthe potential lender of a $150 million construction loan<\/a> the Coushatta Casino was in the process of obtaining\u201d until after the loan was secured, according to the NIGC.<\/p>\n In March 2024, Casino.org<\/em> reported that the Coushatta Tribe was putting $150 million into expanding its Louisiana resort. The project will add 204 hotel rooms and revamp the casino, restaurants, and about 800 existing rooms.<\/p>\n<\/div>\n According to the NIGC letter, Stewart couldn’t say how many credit cards were linked to the casino\u2019s accounts and appeared unsure about who was actually using them.<\/p>\n The NIGC has ordered the CTGC to issue a hearing notice for Stewart\u2019s potential license revocation and to notify regulators of its decision within 45 days.<\/p>\n The post Feds Order Coushatta Casino Consultant Suspended Amid $350K Fraud Allegations<\/a> appeared first on Casino.org<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" NIGC demands suspension of Coushatta Casino consultant Todd Stewart Audit finds $100K in untracked credit card purchases in 2024 Federal and tribal investigations probe $350K fraud allegations The National Indian Gaming Council (NIGC) has ordered the Coushatta Tribal Gaming Commission (CTGC) to cut ties with a former general manager of its Louisiana casino for failing to report possible financial fraud. […]<\/p>\n","protected":false},"author":1,"featured_media":1007,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":[],"categories":[13],"tags":[],"_links":{"self":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1005"}],"collection":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/comments?post=1005"}],"version-history":[{"count":2,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1005\/revisions"}],"predecessor-version":[{"id":1008,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/posts\/1005\/revisions\/1008"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media\/1007"}],"wp:attachment":[{"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/media?parent=1005"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/categories?post=1005"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/www.chuckwardrealestate.com\/index.php\/wp-json\/wp\/v2\/tags?post=1005"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}Credit Card Swindle?<\/strong><\/h2>\n
$150M Loan<\/strong><\/h2>\n