LAS VEGAS, Nevada — A no-bail bench warrant was issued on August 14, 2026, for David Nakama Oancea, known as “Vegas Dave,” after a Nevada court found him in contempt for failing to comply with a turnover order tied to a $30.2 million judgment, according to public filings in the Eighth Judicial District Court of Clark County (Case No. A-24-892991-B). The warrant, signed by Judge Joe Hardy of Department XV, authorizes arrest at any hour and sets bail at “NO BAIL.” Release may be secured by surrendering specified assets, including cryptocurrency, a Richard Mille watch, Hermès Birkin bags, and interest in three Los Cabos villas, or by transferring traced digital funds to court-designated accounts.
The civil judgment stems from a lawsuit brought by Cabo Platinum, LLC, a luxury vacation rental and yacht charter company based in Los Cabos, Mexico. Following a six-day evidentiary trial, Judge Tara Clark Newberry ruled on July 17, 2026, that Oancea had violated a September 29, 2025 turnover order. The court’s findings, detailed in the official order, concluded that Oancea’s claimed inability to comply was “self-created and strategic,” and his testimony was not credible. Court records and expert testimony revealed that a cryptocurrency-tracing expert identified $375,337.35 in digital assets moved through offshore exchange accounts after the turnover order took effect. This amount was designated as a purge condition in the warrant.
The court also noted that Oancea had sworn under oath four times in 2024 to owning three villas in Los Cabos, only to later claim an unrecorded assignment to his father in December 2023—registered nine days after the turnover motion was granted. Consequently, the court awarded Cabo Platinum $293,867.75 in attorneys’ fees and $16,979.65 in costs.
Oancea was given until August 5, 2026, to comply with the turnover order or surrender for incarceration by August 6, 2026. Official court records confirm that neither condition was met, leading to the warrant. The warrant outlines alternative compliance methods, including surrendering the specified items or cash equivalents, transferring the traced cryptocurrency to court-designated accounts, or executing a power of attorney admitted into evidence.
Cabo Platinum’s judgment arises from litigation pursued in Nevada courts since 2024, with parallel enforcement proceedings in Mexico. A separate merits appeal remains pending before the Nevada Supreme Court, while the current warrant relates strictly to post-judgment compliance matters.
“We intend to use every lawful enforcement mechanism available to us in both the United States and Mexico,” stated a Cabo Platinum representative. “This warrant reflects the official findings of the court.”
Public court filings are accessible through the Eighth Judicial District Court of Clark County, Nevada, and are indexed at vegasdavelawsuit.com. According to company statements, Cabo Platinum has submitted location details to law enforcement and continues working with legal counsel in both jurisdictions on judgment collection.
Cabo Platinum is a Los Cabos, Mexico-based luxury vacation rental, yacht charter, and real estate management company serving clients across the Baja California Sur region. For more information, visit caboplatinum.com.