A Nevada court has issued a no-bail bench warrant for David Nakama Oancea, known as "Vegas Dave," after he failed to comply with a court order to surrender assets toward a $30.2 million judgment. The warrant, signed on August 14, 2026, by Judge Joe Hardy of the Eighth Judicial District Court in Clark County, stems from a civil case brought by Cabo Platinum, LLC, a luxury vacation rental and yacht charter company based in Los Cabos, Mexico. The case highlights the court's determination that Oancea deliberately hid assets to avoid paying the judgment, which was entered on July 17, 2025, following a separate trial.
The judgment, which has grown with interest and fees, requires Oancea to turn over specific assets, including cryptocurrency holdings, a $400,000 Richard Mille watch, Hermès Birkin bags, and his interest in three Los Cabos villas. According to court documents, the original turnover order was issued on September 29, 2025, but Oancea failed to comply. After a six-day evidentiary trial, Judge Tara Clark Newberry found Oancea in contempt on July 17, 2026, and ordered him to comply by August 5, 2026, or surrender to custody by August 6, 2026. Court records show he did neither, prompting the bench warrant.
The court's findings detail a pattern of deceptive conduct by Oancea. A cryptocurrency-tracing expert testified that $375,337.35 in digital assets were transferred through offshore exchange accounts after the turnover order took effect. The court designated this sum as a purge condition in the warrant, meaning Oancea could potentially secure release by paying that amount. Additionally, the court found that Oancea had sworn under oath four times in 2024 that he owned the three villas, but later claimed an unrecorded assignment to his father in December 2023. That assignment was registered nine days after the turnover motion was granted, suggesting a last-minute attempt to shield assets.
The court also awarded Cabo Platinum $293,867.75 in attorneys' fees and $16,979.65 in costs, which are part of the total judgment. The bench warrant authorizes law enforcement to arrest Oancea at any hour and sets bail at "NO BAIL," meaning he will be held without bail unless he satisfies the purge conditions, which include surrendering the specified assets, transferring the traced cryptocurrency, or executing a power of attorney admitted into evidence.
Cabo Platinum's legal battle against Oancea has been ongoing since 2024, with parallel enforcement proceedings in Mexico. A separate appeal on the merits is still pending before the Nevada Supreme Court, but the current warrant is strictly related to post-judgment compliance. "We intend to use every lawful enforcement mechanism available to us in both the United States and Mexico," said a Cabo Platinum representative. "This warrant reflects the official findings of the court."
Official court filings are 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 to collect the judgment.
This development sends a strong message to judgment debtors who attempt to evade court orders. The no-bail warrant underscores the court's zero tolerance for non-compliance and its willingness to use drastic measures to enforce its rulings. For Oancea, the path forward is clear: comply with the court's orders or face immediate arrest and incarceration.
About Cabo Platinum: Based in Los Cabos, Mexico, Cabo Platinum is a luxury vacation rental, yacht charter, and real estate management company serving clients across the Baja California Sur region. For more information, visit caboplatinum.com.
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