September 4, 2009

Las Vegas Casino Bellagio files lawsuit against Sir Allen Stanford

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Photograph: Dave Einsel/Getty Images

Looks like you need to pay your debts Mr. Billionaire.

Unwell, behind bars and stripped of his fortune, the billionaire financier Sir Allen Stanford is facing yet another headache - a Las Vegas casino is suing him for $258,480 (£160,000) in unpaid gambling debts.

The Bellagio,on the Las Vegas Strip, has filed a lawsuit in Nevada's Clark County district court accusing Stanford of running up gaming losses in January barely a month before the US authorities raided the Houston headquarters of his Stanford Financial Group and charged him with fraud.

At Las Vegas casino files lawsuit against Sir Allen Stanford | World news | guardian.co.uk

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Posted by Jay Brewer at September 4, 2009 8:15 AM
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