LOS CABOS, Mexico / LAS VEGAS, Nevada — Cabo Platinum, a leading luxury vacation rental and yacht charter company in Los Cabos, reaffirmed its commitment to upholding contractual and legal integrity as a Nevada court issued a no-bail bench warrant for David Nakama Oancea, known as “Vegas Dave.” The warrant stems from a civil judgment secured by Cabo Platinum, LLC, and reflects the company’s determination to enforce its rights through all lawful means.
According to public filings in the Eighth Judicial District Court of Clark County, Nevada (Case No. A-24-892991-B), the warrant was issued on August 14, 2026, following Oancea’s failure to comply with court orders related to the judgment. The case, which has been ongoing since 2024, underscores Cabo Platinum’s resolve to protect its interests and hold parties accountable.
“This warrant is a testament to our unwavering commitment to justice and the rule of law,” said a Cabo Platinum representative. “We have pursued this matter diligently, and the court’s actions confirm the validity of our claims.”
The judgment, initially entered on July 17, 2025, totals $30,200,590.10. In a subsequent order dated July 17, 2026, Judge Tara Clark Newberry found Oancea in contempt of a September 29, 2025 turnover order, which required him to surrender specific assets, including cryptocurrency holdings, a $400,000 Richard Mille watch, Hermès Birkin bags, and his interest in three Los Cabos villas.
During a six-day evidentiary trial, the court heard testimony from a cryptocurrency-tracing expert who identified $375,337.35 in digital assets transferred through offshore exchange accounts after the turnover order took effect. The court designated this sum as a purge condition in the bench warrant. Additionally, the court found that Oancea had sworn under oath four times in 2024 to owning the three villas, only to claim an unrecorded assignment to his father in December 2023—registered nine days after the turnover motion was granted. 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 order or surrender by August 6, 2026. Official court records confirm that neither condition was met. Consequently, Judge Joe Hardy of Department XV signed the bench warrant setting bail at “NO BAIL,” authorizing service at any hour. The warrant outlines that release may be secured by surrendering the specified items or cash equivalents, transferring the traced cryptocurrency to court-designated accounts, or executing a power of attorney admitted into evidence.
The court’s findings emphasized that Oancea’s claimed inability to comply was self-created and strategic, deeming his testimony not credible. This ruling underscores the seriousness of the matter and the court’s commitment to ensuring compliance.
Cabo Platinum’s judgment stems from litigation pursued in Nevada courts since 2024, alongside parallel enforcement proceedings in Mexico. A separate merits appeal remains pending before the Nevada Supreme Court, but 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,” the representative added. “This warrant reflects the official findings of the court.”
Official court filings remain publicly accessible through the Eighth Judicial District Court of Clark County, Nevada, and are indexed at vegasdavelawsuit.com. Cabo Platinum has submitted location details to law enforcement and continues to work with legal counsel in both jurisdictions on judgment collection.
About Cabo Platinum
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.
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Company: Cabo Platinum
Website: https://caboplatinum.com
