The Las Vegas Review-Journal is good at uncovering what actually goes on behind the scenes in Las Vegas.  In its latest exposé, the media outlet discovered something about the city’s sports gambling industry that most probably didn’t realize. Two individuals who served time for a million-dollar Ponzi scheme are now in charge of six sports gambling mutual funds in Vegas. I guess it’s not called Sin City for nothing.

John F. Thomas III—aka John F. Rodgers, John Frank, Jonathan West and John Marshall—manages six funds that are now being put under the microscope by the Securities and Exchange Commission (SEC). The SEC had received complaints from investors that their dividends had dried up, and the commission wants to know what has happened.

The six funds include Wellington Sports Club, Einstein Sports Advisory, Vegas Football Club, Sports Psychometrics, Vegas Basketball Club and Quantum Sports Advisory.

Assisting Thomas and his multiple personalities is Thomas J. Becker, according to Nevada Secretary of State records. That name precisely matches that of an accomplice of Thomas, who was locked up with him over the Ponzi scheme.