Digging Deep into the Las Vegas Shooter's Finances


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After the tragedy now called the Las Vegas Massacre, authorities are diving deep into Stephen Paddocks’ past to figure out what made him fire hundreds of bullets onto concertgoers last Sunday.

ABC News reports that Paddock’s recent financial transactions are part of the major focus for investigators. Paddock recently sent thousands of dollars to someone in the Philippines, where his girlfriend was at the time of the shooting.

Authorities are still trying to determine who received that money, sources familiar with the matter said. Paddock’s girlfriend is allegedly returning to the United States this Wednesday. 

Since 2014, more than 200 reports about Paddock’s financial activities, specifically large transactions at casinos, have been filed with law enforcement authorities.

Most of these transactions were "currency transaction reports," which casinos are required to file with the Treasury Department's Financial Crimes Enforcement Network when someone withdraws or deposits more than $10,000 in cash.

A law enforcement official told ABC that "currency transaction reports" are "not necessarily suspicious," especially "if you’re a high roller."

The brother of the shooter described Paddock as a multimillionaire, and claimed they had business dealings and owned property together. But, he was not aware that Stephen had any gambling debts.


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