ï»¿Elvis Presley Estate Sues Former Overseas Hotel Over Memorabilia Dispute
Elvis Presley performing at the then-International Hotel, now the Westgate, right back in 1969. Their estate happens to be suing the casino to save priceless memorabilia, which it says is being held hostage in a legal dispute.
The Elvis Presley estate is suing the former Global Hotel, now the Westgate, an off-strip hotel and casino when the popular performer played 100s of sold out programs, which it claims is keeping many of this King’s treasured personal belongings hostage.
While Elvis was historically renowned for summarily ‘leaving the building’ after nonstop applause and calls for encores back in his performance days, his memorabilia is currently very much stuck inside the building at the Westgate.
The estate filed a lawsuit Monday in Clark County District Court in a bid to recover the precious artifacts lent to the Westgate casino last year in what could be called a ‘Heartbreak Hotel’ moment.
These generally include many of Elvis’ initial stage outfits, his famously jewelry that is ostentatious and some letters, since well because the TV remote from their Graceland mansion. April these items all were part of the much-feted, yet ill-fated, ‘Graceland Presents Elvis’ attraction, launched at the Westgate last.
Viva Las Vegas
The Westgate might not be the best-known of nevada’ casino resorts these days, nonetheless it features a history that is big Sin City.
Built by Las Vegas pioneer Kirk Kerkorian as the International Hotel in 1969, whenever construction was completed, it was the hotel that is biggest worldwide during the time.
Elvis, riding high on his late-1960s comeback, immediately signed an agreement with Kerkorian, and performed 58 sold-out that is consecutive at the International, breaking all Las Vegas attendance documents. On the following seven years, he played there very nearly 600 times and even lived into the Penthouse regarding the 30th flooring when he was performing there.
In fact, the casino to his contract, written on a tablecloth (evidently with no lawyers around), is one of the impounded artifacts and is now reported to be well worth $1 million.
Last 12 months, wanting to capitalize on its heritage that is pop-culture Westgate teamed up with a company called Exhibit A Circle on that Graceland Presents Elvis task.
You Shouldn’t Be Cruel
On April 24, the 59th anniversary of Elvis’ first-ever Las Las vegas performance, former wife Priscilla and only daughter Lisa Marie slice the blue suede ribbon to declare the exhibition open, while the Elvis Show, a full-blown recreation of the King’s International concerts, played every night for the opening week.
The Westgate invested huge amount of money renovating its theater therefore that it became a replica that is exact of 1970’s self, too as plowing money to the event space. The casino also created a brand new elvis-themed wedding chapel in preparation for an exhibition that has been contractually obliged to endure a decade, at a minimum.
But then show A Circle actually didleave the building, in a very literal and, according to Westgate, contractually violating sense.
While display A Circle has offered no official reason for quitting, the suspicious minds at Westgate believe the exhibition business has defaulted on its 10-year lease and launched legal action of unique.
But Elvis Presley Enterprises Inc. has accused Westgate of ‘aggressively seizing the valuables with out a basis that is legitimate as a way to gain leverage in its case against Exhibit A Circle.
Were Elvis still located in the penthouse, we suspect he might have popped a cap into his television set about all of this. But as it really is, wise men say that whenever it involves lawsuits, only lawyers end up being champions.
Donald Trump Denies Knowing Mobster, Could Alleged Connections Affect Tuesday Florida Primary Results?
Donald Trump has made this debate and primary season one of the most extremely watchable ever. You can’t say he’s dull to watch whether you love, hate, or feel indifferent to the businessman billionaire and GOP frontrunner.
Did Donald Trump know a reported associate of brand New Jersey mob boss John Gotti (pictured here)? (Image: dailymail.co.uk)
Now, because of the winner-takes-all-delegates that are all-important primary looming next Tuesday and the force on the Donald to trounce opponent and Sunshine State senator Marco Rubio, every skeleton in Trump’s cabinet is developing.
And one which’s emerged this week involved his involvement that is alleged with reported associate of John Gotti, a prominent New Jersey mobster, straight back in the early 1990s.
The reputed crime boss died in prison from throat cancer in 2002 at the age of 61, but Trump’s alleged six-degrees connections to your infamous Mafioso could be a point that is sticking the prospect.
Mob Connections Alleged
Heading back to 1991, Atlantic City’s Trump Plaza had been fined $650,000 by New Jersey regulators for presumably courting a foul-mouthed, racist mobster with links to Gotti, according to a current report by Yahoo journalist Michael Isikoff.
Donald Trump ended up being forced to deny this week that he knew Robert LiButti, a high roller at the Plaza who reportedly demanded that black colored and female casino workers not be permitted to deal at his games. LiButti had been sooner or later barred from all Atlantic City casinos for his Mob connections, plus in 1994 was imprisoned for five years for tax fraud.
The revelations found light via Division of Gaming Enforcement wheresthegold.org (DGE) documents recently acquired by Yahoo under the brand new Jersey Open Public Records Act.
Those reports reveal that the gangster frequently berated women and minorities that are ethnic ‘the vilest language,’ according to one official, and ordered them to be taken from his sight while he had been during the casino.
Meanwhile, inturn for his patronage, says the report, the Trump Plaza showered LiButti with gifts, including at least nine luxury vehicles, worth $1.6 million; $279,978 in event tickets; five vacations that are european $121,712 of jewelry, and $40,020 in champagne.
The casino ended up being fined $200,000 for racial discrimination and an additional $450,000 for the gifts. During the time, New Jersey laws barred money comps for high rollers.
‘During the years we very effectively ran the casino business, we knew many rollers that are high’ Trump told Yahoo. ‘we assume Mr. LiButti was one of them, but I don’t recognize the title.’
Numerous sources suggest that Trump’s assertion is unlikely, not least LiButti’s daughter, Edith Creamer.
‘Lose the Broad’
‘Of course he knew him. We flew in the [Trump] helicopter with Ivana [Trump’s ex-wife] and the kids. Dad flew it and down,’ Creamer told Isikoff.
‘ My 35th party was at the Plaza and Donald had been here. After the party, we went on his boat, his big yacht. I like Trump,’ she added, ‘but it p*sses me off that he denies knowing my father. That hurts me.’
In accordance with the Yahoo story, in 1990 former Plaza administrator Edward Tracy consented to put on a wire in conversions with LiButti, at the behest of police.
In a transcript for the ensuing conversation, LiButti says, ‘I’m very close with him [Trump],’ but told Tracy that Trump needed seriously to ‘lose the broad,’ talking about Maria Maples, who Donald later married.
‘He’s lost that aggressiveness’ said LiButti. ‘Walks around like a f***ing banana. We can’t believe it’s Donald Trump. I don’t comprehend it.’
LiButti died in 2011, across the time Trump ended up being noises that are first making running for president.
‘I’m going to vote for that SOB,’ he apparently told his daughter before he passed.
JPMorgan Gambling Addict Broker Gets Simply 5 Years for $22 Million Embezzlement
Former JPMorgan Chase broker Michael Oppenheim, who spent over $22 million of his clients’ money chasing his gambling losses, was sentenced to just five years in jail with a US District Judge this week.
Michael Oppenheim, previous broker for JPMorgan, whom stole over $22 million from clients because of his gambling addiction, received a reasonably light sentence this week in federal court. (Image: Reuters/Brendan McDermid)
Judge Analisa Torres went easy on the defendant in the light of his obvious remorse and determination to battle his gambling addiction, which was exacerbated by the birth of the disabled daughter, the court heard.
‘I have always been cognizant that gambling is really a mental disorder which is aggravated during periods of stress and depression,’ said Torres, in rejecting the ten-year sentence requested by the prosecution.
‘I recognize that what I did was terrible,’ Oppenheim stated prior to sentencing. ‘I always thought I was one or two trades away from fixing everything. For me, one bet is one way too many. If We had been not in the grips of the addiction, i’d not have stolen hardly any money.’
He claimed their mind had been ‘hijacked’ by gambling addiction.
Hide and Seek
Oppenheim, who at one point handled 500 clients and had access to almost $90 million in funds, pled guilty November that is last to counts of wire fraud, and another count each of embezzlement, securities fraud, and investment adviser fraudulence.
The court heard that he had covered up the embezzlement by doctoring his customers’ account statements as he moved funds from a single account to another, playing ‘hide and seek’ with customers’ cash, based on the FBI.
Oppenheim’s solicitors stated he began betting on NFL games as far back as 1993. After losing a six-figure amount, he started to take from consumers to cover his mounting losings. Ultimately, he shifted to options trading, where he once destroyed $2.7 million in just one day, in a high-risk effort to break also.
‘Judge, i will be ashamed of my conduct,’ he said during trial. ‘If only I would have already been caught sooner.’
New York Federal Reserve Deflects Responsibility for $100 Million Cyber Heist, But Had Been Casinos Money Launderers?
The New York Federal Reserve says it had been involved with no wrongdoing in what appears to be a successful $100 million cyber heist month that is last.
Good as gold: Although thieves never even stepped base in this new York Federal Reserve building in Manhattan, they were able to steal $100 million via cyber SWIFT codes before allegedly laundering it through three Filipino casinos. (Image: untappedcities.com)
On February 5, hackers looted the Central Bank of Bangladesh’s Federal Reserve Account, stored in Manhattan, by scheduling a $100 million wire transfer through the Society for internationally Interbank Financial Telecommunications network (SWIFT).
Just What happened depends that are next who you believe.
The understanding that is general however, is that the funds were promptly delivered from the Federal Reserve to Philippines bank Rizal Commercial Banking Corporation (RCBC), then distributed via a black colored market currency exchange broker, before being laundered internationally through at the very least three casinos.
Ny Federal Reserve boss William Dudley said no compromise had been skilled on their end, and that the responsibility needs to be placed on SWIFT.
‘The payment instructions were fully authenticated by the SWIFT messaging system in accordance with standard authentication protocols,’ Dudley spokeswoman Andrea Priest stated in a press release.
Bangladesh authorities argue otherwise. ‘ We kept cash with the Federal Reserve Bank and problems must be with the people who handle the funds here,’ Bangladesh Finance Minister Abul Maal Abdul Muhith explained to Bloomberg News.
Muhith told reporters on Tuesday that his nation will take legal action to recover the stolen funds, but didn’t get so far as to threaten an actual lawsuit from the NY branch (there are 12 in all) associated with the American banking system that is federal. Now higher than a thirty days since the alleged theft, and no party has yet taken the fault, to no body’s shock provided the potential legal repercussions.
Belgian-based SWIFT said it wouldn’t comment on specific cases, but did say that it authenticates ‘between delivering and getting institutions’ before approving any transaction.
RCBC in addition has denied involvement, stating that it doesn’t work with gambling enterprises. The bank did confirm an $81 million deposit ended up being completed through certainly one of its branches and that its investigations unit is probing the transfer.
Back in the US, the Fed states it is using the Bangladesh Central Bank, but retains its position that there is no evidence the country’s account was breached.
The Federal Reserve in Manhattan provides banking accounts and transaction solutions for some 250 countries that are foreign. Bangladesh’s foreign currency reserve balance is presently around $27 billion.
More Safeguards Needed
While a $100 million transfer at your local community bank would certainly raise a great amount of eyebrows, it probably didn’t cause much suspicion at the NY Federal Reserve, where more than $2.6 trillion in assets is ( allowed to be) safeguarded.
Assuming the Bangladesh heist was certainly done by criminals and maybe not a job that is inside the robbery should stress the continued need certainly to create more sophisticated cyber safeguards. The largest Federal Reserve in the usa being so easily compromised is certainly cause for much concern for nearly everyone.
In reality, other institutions that are federal taking proactive measures to better defend their operations online. Early in the day this month, the Pentagon invited vetted hackers to test and infiltrate its network that is private and internet sites.
‘Hack the Pentagon’ is a bounty competition where approved hackers are rewarded for infiltrating and exposing areas prone to intrusion.
‘I am confident that this initiative that is innovative strengthen our digital defenses and ultimately enhance our national security,’ US Defense Secretary Ash Carter stated associated with certainly uncommon, but evidently much-needed, program.