EXCLUSIVE: FEDs Target Las Vegas Businessman Rick Saga After He Exposed Nevada State Money Laundering Scheme - Joe Hoft

The founding and growth of Las Vegas is part of the American story. Colorful figures abound, and many are etched into exhibits in the city’s Mob Museum. From the early 1940s into the early 1980s, the mob ruthlessly shaped the city’s image, fighting for power and money for approximately 40 years. Now, the hundreds of millions of dollars made by the mob in Las Vegas are insignificant in comparison to what occurs across the country in government and political fraud annually.
After President Trump won the 2024 election and was sworn in on January 20, 2025, we learned that the real corruption in this country is happening within the government. Some of this corruption is happening in Nevada.
ADVERTISEMENTMany readers may recall that after President Trump’s 2024 reelection and before his inauguration, the defeated Biden Administration frantically dispersed government funds to political friends to hide money from the incoming Trump Administration.
A $375 billion slush fund handled by corrupt deep state insider John Podesta gave billions to Democrat Non-Profit Organizations (NGOs) throughout Biden’s time in office.
Georgia Democrat Stacey Abrams’ environmental charity (which was less than a year old and previously operated on $100 per month) received $2 billion of Podesta’s money. FOX News report on Abrams’ receipt of billions:
Watch the latest video at foxnews.comADVERTISEMENTOne of the first things President Trump did on day one after his inauguration was to investigate the fraud that occurred under the Biden regime. Using a small group working with Elon Musk that became known as the Department of Government Efficiency (DOGE), the Administration found millions and even billions in government waste and fraud.
Americans learned that USAID was not about aid, but rather an entity doling out billions to fraudulent causes and initiatives around the world. More recently, the childcare money laundering industry in Minnesota (e.g., the Learing Center) was uncovered, with billions stolen from the country by Somalis living in the Twin Cities. This fraud appears to be everywhere. We are only beginning to know the extent of this massive fraud.
Even before it became clear that the Trump Administration was not messing around in its efforts to uncover fraud across the country, top politicians in Nevada decided to quickly cover up the millions that they had illegally garnered during the Biden years.
Nevada Businessman Rick Saga Caught in the MiddleOne individual caught in the middle was Rick Saga, a wealthy real estate owner in Las Vegas. In early January 2025, before President Trump’s Inauguration, Saga was approached by Nevada politicians seeking to launder money before President Trump took office.
Businessman Saga got involved due to his investments in Las Vegas real estate. Saga leases space to civilian and government tenants in his many commercial buildings in the city. He currently leases multiple buildings to the State of Nevada, primarily for health care-related services.
On January 8, 2025, Saga, his broker, and her workmate, met with high-ranking Nevada state officials at a building in Las Vegas. A member of the governor’s office and an associate of his were also present, along with some individuals in the real estate business. The member from the governor’s office reportedly flew on a private jet from Reno to attend the meeting.
ADVERTISEMENTAccording to an affidavit from one person present, after a brief introduction, the individual from the governor’s office shared that he had $1 million he was willing to “put in his pocket” if Saga was willing to help the state. This individual shared that the money was from the federal government, and the state did not want to return it. “Time was of the essence,” he shared.
A lady with the HHS who was there was going to be the tenant, and the state would lease the property with an option to buy held by the state. The lease was to be taken to the Board of Examiners for approval, and the Governor and the Attorney General Ford would be signing off on the lease. The state wanted Saga to introduce them to the owners of the buildings next door and suggested that they would be putting in place similar agreements with those properties as well. Finally, the individual from the governor’s office shared not to flip on them because there was an ongoing HHS investigation in place at that time.
Saga and those with him were shocked at the offer, and Saga was pressured to shake on it to consummate the agreement. The executive from the governor’s office then went next door to put together a similar deal with the owners of those buildings.
The $1 million payment was to be disguised as a four-month rent advancement by the Department of Health and Human Services for one of Rick Saga’s medical office buildings. At first, Saga was told that this money was for him to put in his pocket for helping the state out. Later, Saga was told that the money wasn’t really his and that he had to pay their preferred vendor $999,986 for tenant improvements. The additional improvements were at best $150,000 to $200,000. Saga was also told that the transaction was meant to ultimately be a campaign contribution for Aaron Ford, the Democratic Nevada Attorney General, who is currently running for Governor.
Saga says similar payments were made to landlords across the Las Vegas medical corridor. But Saga was reluctant to participate and said he wouldn’t “play ball” as a member of this apparent club of insiders.
Saga was arrested after Exposing the Government’s Money Laundering SchemeAfter officials wired the money directly into Saga’s business account, Saga began expressing reluctance to participate. He then received multiple threats aimed at both him and his family. In response, Saga reached out to high-level officials in the government as a whistleblower. He explained what happened and wanted to return the money and trigger an investigation.
On May 14th, 2025, before any of this could be brought to justice, 20 FBI and HHS agents arrested Rick Saga at his building, and he was indicted. Surprisingly, one of the arresting agencies was the HHS, one of Saga’s major tenants.
Rick Saga was arrested and faced a manufactured federal indictment where he was listed as the second defendant. Saga was charged with multiple counts of “money laundering” and “grant fraud” in a superseding indictment on May 13, 2025.
Saga now believes the origin of these charges in Las Vegas dates back to Harry Reid’s time in the US Senate. When Saga filed to obtain permits on the second-largest gold, precious metals, and rare-earth mine in Nevada, about 10 years ago, Saga says Reid demanded that he pay him $20 million and 20% of the proceeds going forward. When Saga wouldn’t comply with Reid’s request, Saga’s family was targeted.
The government has surpassed the mob and is now Nevada’s top criminal organization.(In an effort to expose all of the fraudsters and criminal corruption, Rick Saga is running for US Congress District 1 in Nevada as “Indicted Rick”.)