Attorneys for the accused say federal law enforcement has opened a criminal probe of the alleged Ponzi-like scheme.
Eli Segall
Eli Segall joined the Review-Journal’s investigations team in 2023 after covering real estate for the paper since 2016. Before the RJ, he covered real estate and other business topics for four years at the Las Vegas Sun. Segall has also worked for the Silicon Valley/San Jose Business Journal, The Associated Press and other news groups. He has a bachelor’s in political science from the University of Michigan and a master’s in journalism from the University of Maryland. He has earned awards from the Nevada Press Association, Best of the West, New York State Society of CPAs, National Association of Real Estate Editors, and others.
WeedGenics claimed to have facilities in Nevada and California that U.S. financial regulators say didn’t exist.
Jim Marsh has dealt with scams in his business, but recently a scammer tried to fraudulently sell land he owns in Colorado.
The Three Affiliated Tribes acquired 23 acres along Las Vegas Boulevard, but some tribal citizens believe money could be better spent on the reservation.
Scam artists find out about pending sales and try to get the proceeds diverted to their accounts, the FBI said.
The notion of selling someone’s property without them knowing might seem far-fetched, but attempting the scam isn’t difficult.
A bill that attempts to close a tax loophole revealed by a Review-Journal investigation passed the Legislature and awaits action by Gov. Joe Lombardo.
Experts say the legislation to close the transfer tax loophole will not result in a significant increase in the payments.
Nevada lawmakers are looking to close a loophole that has let casinos and other big property owners avoid paying transfer taxes.
Vici Properties generated $2.6 billion in revenue last year and said about 45 percent of the haul stemmed from its properties on Las Vegas Boulevard.
The towering north Strip resort is set to open this year, following prior stops and starts.
Lawmakers introduced the bill in response to a Review-Journal investigation that showed some of the largest real estate transactions did not pay a transfer tax.
The new 12-story building at the Henderson casino-resort is slated to feature 375 rooms and about 15,000 square feet of additional ballroom space.
A North Dakota tribal nation closed its $10.25 million purchase of the former White Sands Motel site last week.
Work crews had torn down most of Fiesta Rancho’s hotel tower, on the north side of the property, as of Thursday morning.