Trump Pardons Adam Kidan in SunCruz Fraud Case Tied to Gus Boulis Murder

Key Points

  • Trump's pardon erases Adam Kidan's felony conviction stemming from the fraudulent $147.5 million purchase of SunCruz Casinos alongside Jack Abramoff
  • The SunCruz takeover sparked a bitter ownership battle that ended with founder Gus Boulis being murdered in a Mafia-ordered killing in 2001
  • Kidan testified against the convicted killers after serving prison time for fraud and later became a major Republican political donor

US President Donald Trump on Friday granted a full pardon to Adam Kidan, whose fraudulent bid to acquire SunCruz Casinos sparked a business dispute that ended with the 2001 murder of company founder Gus Boulis by the Mafia.

Adam Kidan, Donald Trump pardon, SunCruz Casinos, Gus Boulis, Jack Abramoff, Mafia murder
Adam Kidan pictured in 2005, shortly after pleading guilty to fraud and money laundering charges in relation to the SunCruz case. (Image: Carlo Allegri/Getty Images)

Kidan was not accused of complicity in the murder, but he did plead guilty to fraud, conspiracy to bribe public officials, and tax evasion in relation to the SunCruz affair and was sentenced to 70 months in prison.

Kidan was a business partner of Jack Abramoff – the notorious Washington lobbyist later convicted of fraudulently exploiting Native American tribes’ gaming interests. In 2000, the pair agreed to purchase the SunCruz fleet of casinos ships from Boulis for $147.5 million.

But they were later found to have used a fake wire transfer to con lenders into believing they had made a $23 million down payment on SunCruz so they could obtain a $60 million loan.

Who Was Gus Boulis?

Boulis, who also founded the Miami Subs restaurant chain, was a Greek immigrant and self-made millionaire who arrived in North America with nothing, after reportedly jumping ship while serving in the Greek merchant marine.

After making his money in the restaurant business in Florida, he launched SunCruz Casinos in 1994. The company’s “cruises to nowhere” would take gamblers out into international waters where state gambling rules did not apply.

Eventually, SunCruz caught the attention of federal officials who prosecuted Boulis under a 100-year-old law designed to protect American shipping from foreign interests.

Boulis was accused of concealing the fact that although he owned and controlled SunCruz, he was not yet a US citizen when the casino vessels were purchased and documented, a violation of the Shipping Act.

As part of a settlement, Boulis agreed to pay $500,000 in fines and to divest himself of the SunCruz fleet over the ensuing three years – and Kidan and Abramoff agreed to buy it, with Boulis retaining a silent 10%.

‘Big Tony’

Boulis quickly fell out with Abramoff and Kidan. Just days before he died, Boulis was accused of trying to stab Kidan with a pen.

Kidan hired Anthony “Big Tony” Moscatiello and Anthony “Little Tony” Ferrari to provide security at SunCruz after his dispute with Boulis escalated. Prosecutors later alleged the men were Gambino associates.

Prosecutors argued Moscatiello and Ferrari feared Boulis intended to regain control of SunCruz and arranged for fellow mob associate John “J.J.” Gurino to kill him in order to protect their lucrative security arrangement.

Boulis was shot to death in February 2001 as he sat in his car in downtown Fort Lauderdale.

Aftermath

Moscatiello and Ferrari were sentenced to life in prison for murder, and Kidan testified for the prosecution at their trial. Gurino was later murdered by a Boca Raton deli owner in a case unrelated to SunCruz.

After his release from prison in 2009, Kidan launched a successful staffing business and became a major Republican donor. In the 2025-26 election cycle alone, he and his wife donated just under $1 million to Republican causes, according to electoral records.

The pardon also appears to extinguish Kidan’s outstanding $21.7 million federal restitution obligation arising from the SunCruz fraud conviction, according to the Florida Bulldog.

Philip Conneller
Philip Conneller Senior Reporter

In Philip Conneller’s eight years with Casino.org, he has covered the gaming industry from Las Vegas to Macau and everything in between. He currently focuses his coverage on gaming law, white-collar crime, global money laundering, tribal gaming, politics, and regulation.

Philip was the original features editor for poker’s Bluff Magazine and editor for Bluff Europe, which he helped launch. His writing has also been featured in ESPN, Forbes, Time Out, The Sun, and The Daily Star, as well as iGaming Business, eGaming Review, and numerous other industry news and tech websites.

His news stories for Casino.org/news have been linked by The Washington Post, The Daily Mail, People Magazine, and Jimmy Fallon's Tonight Show, among many others.

Philip once won $20,000 with 7-2 off-suit. He has been reprimanded for unwittingly playing Elton John’s piano on two separate occasions on both sides of the Atlantic.

He became a writer because he is a lousy pianist.

Philip lives outside London with his wife and children, where he spends his time agonizing about Arsenal FC.

Contact Philip at philip.conneller@casino.org.

Comments icon

Conversation (0)

+ Add a comment

Be the first to comment on this article.

Write a comment

Your email address will not be published.