Elvis Presley Estate Sues Former Overseas Hotel Over Memorabilia Dispute

Elvis Presley performing at the Hotel that is then-International the Westgate, straight back in 1969. His estate happens to be suing the casino to rescue priceless memorabilia, which it says is being held hostage in a appropriate dispute.

The Elvis Presley estate is suing the former Global resort, now the Westgate, a hotel that is off-strip casino where the legendary performer played 100s of sold out shows, which it claims is holding many regarding the King’s treasured personal possessions 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.

In exactly what could possibly be known as a ‘Heartbreak Hotel’ moment, the estate filed a lawsuit Monday in Clark County District Court in a bid to recover the valuable artifacts lent to the Westgate casino last year.

These include many of Elvis’ initial stage outfits, his famously ostentatious jewelry, and some letters, as well due to the fact 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 may not be the best-known of nevada’ casino resorts these days, however it possesses history that is big Sin City.

Built by Las Vegas pioneer Kirk Kerkorian as the International resort in 1969, when construction was completed, it was the hotel that is biggest on the planet during the time.

Elvis, riding high on his late-1960s comeback, immediately signed a contract with Kerkorian, and performed 58 sold-out that is consecutive at the International, breaking all Las Vegas attendance records. Over the following seven years, he played there very nearly 600 times and even lived into the Penthouse in the 30th floor when he had been performing there.

In fact, his contract aided by the casino, written on a tablecloth (evidently without any solicitors around), is among the impounded items and is now reported to be well worth $1 million.

Last year, eager 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

A full-blown recreation of the King’s International concerts, played every night for the opening week on April 24, the 59th anniversary of Elvis’ first-ever Las Vegas performance, former wife Priscilla and only daughter Lisa Marie cut the blue suede ribbon to declare the exhibition open, while the Elvis Show.

The Westgate invested vast amounts renovating its theater so that it became an exact replica of its 1970’s self, aswell as plowing money to the exhibition space. The casino even created A elvis-themed that is new wedding in preparation for an exhibition which was contractually obliged to endure a decade, at a minimum.

But then display A Circle actually didleave the building, in an exceedingly literal and, according to Westgate, contractually violating sense.

While display A Circle has offered no official reason behind quitting, the suspicious minds at Westgate believe the exhibition company has defaulted on its 10-year lease and launched legal action of its own.

But Elvis Presley Enterprises Inc. has accused Westgate of ‘aggressively seizing the valuables without a basis that is legitimate as a way to gain leverage in its case against Exhibit A Circle.

Were Elvis still living in the penthouse, we suspect he may have popped a cap into his television set about all of this. But as it’s, wise men say that whenever it involves lawsuits, only lawyers turn into 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 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 right here)? (Image: dailymail.co.uk)

Now, because of the all-important winner-takes-all-delegates Florida primary looming next Tuesday and the stress on the Donald to trounce opponent and Sunshine State senator Marco Rubio, every skeleton in Trump’s closet is developing.

And the one that’s emerged this week involved his involvement that is alleged with reported associate of John Gotti, a prominent nj 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 the infamous Mafioso could be a sticking point for the candidate.

Mob Connections Alleged

Returning to 1991, Atlantic City’s Trump Plaza had been fined $650,000 by nj-new Jersey regulators for allegedly 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 roller that is high the Plaza who reportedly demanded that black colored and female casino employees not be permitted to deal at his games. LiButti had been ultimately barred from all Atlantic City casinos for their Mob connections, as well as in 1994 was imprisoned for five years for tax fraud.

The revelations came to light via Division of Gaming Enforcement (DGE) documents recently obtained by Yahoo under the latest Jersey community Records Act.

Those reports expose that the gangster frequently berated women and minorities that are ethnic ‘the vilest language,’ in accordance with one official, and ordered them to be taken off his sight while he had been at the casino.

Meanwhile, inturn for their patronage, says the report, the Trump Plaza showered LiButti with gifts, including at the 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 was fined $200,000 for racial discrimination and an additional $450,000 for the gifts. During the time, New Jersey laws barred cash comps for high rollers.

‘During the years we really successfully ran the casino business, I knew many rollers that are high’ Trump told Yahoo. ‘i assume Mr. LiButti was one of them, but I don’t recognize the true title.’

Many sources suggest that Trump’s assertion is unlikely, not least LiButti’s daughter, Edith Creamer.

‘Lose the Broad’

‘Of course he was known by him. I flew in the [Trump] helicopter with Ivana [Trump’s ex-wife] and the children. My father travelled it and down,’ Creamer told Isikoff.

‘ My 35th birthday party ended up being at the Plaza and Donald ended up being there. Following the party, we went on his boat, his big yacht. I like Trump,’ she added, ‘but it p*sses me personally off that he denies knowing my dad. That hurts me.’

In accordance with the Yahoo story, in 1990 Plaza that is former executive Tracy consented to wear a wire in conversions with LiButti, during the behest of police.

In a transcript of this conversation that is ensuing LiButti claims, ‘I’m very close with him [Trump],’ but told Tracy that Trump needed to ‘lose the broad,’ discussing Maria Maples, who Donald later married.

‘He’s lost that aggressiveness’ said LiButti. ‘Walks around like a f***ing banana. I can’t think it’s Donald Trump. I actually don’t realize it.’

LiButti died in 2011, round the time Trump was noises that are first making running for president.

‘I’m going to vote for that SOB,’ he apparently told their 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 simply 5 years in prison by a US District Judge this week.

Michael Oppenheim, former 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 a disabled child, the court heard.

‘I am cognizant that gambling is a mental disorder which is aggravated during durations of stress and despair,’ said Torres, in rejecting the ten-year sentence requested by the prosecution.

‘I recognize that what I did was horrible,’ Oppenheim stated prior to sentencing. ‘we always thought I happened to be one or two trades away from fixing everything. For me, one bet is certainly one a lot of. I wouldn’t normally have stolen hardly any money. if I were not in the grips with this addiction,’

He claimed his brain had been ‘hijacked’ by gambling addiction.

Hide and Seek

Oppenheim, who at one point handled 500 customers and had access to almost $90 million in funds, pled guilty last November to four counts of wire fraudulence, and one count all of embezzlement, securities fraud, and investment adviser fraud.

The court heard as he moved funds from one account to another, playing ‘hide and seek’ with customers’ money, according to the FBI that he had covered up the embezzlement by doctoring his customers’ account statements.

Oppenheim’s solicitors stated he began betting on NFL games dating back 1993. After losing a six-figure amount, he began to steal from clients to cover his mounting losings. Ultimately, he moved on to options trading, where he once destroyed $2.7 million in only one day, in an effort that is high-risk break also.

‘Judge, I am 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 Were Casinos Cash Launderers?

The New York Federal Reserve says it absolutely was involved with no wrongdoing in what seems to be an effective $100 million cyber heist month that is last.

Good as silver: Although thieves never even stepped foot 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 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 Worldwide Interbank Financial Telecommunications network (SWIFT) february.

Exactly What happened next wizardofozslot.org will depend on whom you believe.

The general understanding, however, is that the funds had been promptly delivered from the Federal Reserve to Philippines bank Rizal Commercial Banking Corporation (RCBC), after which distributed through a black market foreign exchange broker, before being laundered internationally through at the least three casinos.

New York Federal Reserve boss William Dudley said no compromise was experienced on his end, and that the duty needs to be placed on SWIFT.

‘The payment instructions had been fully authenticated by the SWIFT texting system in accordance with standard authentication protocols,’ Dudley spokeswoman Andrea Priest stated in a press launch.

Bangladesh authorities argue otherwise. ‘ We kept cash with the Federal Reserve Bank and irregularities must be with the people who handle the funds there,’ Bangladesh Finance Minister Abul Maal Abdul Muhith explained to Bloomberg News.

Swift Action

Muhith told reporters on Tuesday that his nation will take legal action to recoup the stolen funds, but didn’t go so far as to threaten an actual lawsuit from the NY branch (there are 12 in all) of this American federal bank operating system. Now more than a month since the theft that is alleged with no party has yet taken the blame, to nobody’s shock given the potential legal repercussions.

Belgian-based SWIFT said it would not comment on individual cases, but did say that it authenticates ‘between sending and institutions that are receiving before approving any transaction.

RCBC has also denied involvement, saying that it doesn’t work with gambling enterprises. The bank did confirm an $81 million deposit had been completed through one of its branches and that its investigations unit is probing the transfer.

Back the US, the Fed claims it is using the Bangladesh Central Bank, but retains its position that there is no proof the country’s account was breached.

The Federal Reserve in Manhattan provides banking accounts and transaction solutions for some 250 international countries. 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 definitely raise a good amount of eyebrows, it probably didn’t cause much suspicion at the NY Federal Reserve, where more than $2.6 trillion in assets is ( said to be) safeguarded.

Assuming the Bangladesh heist was indeed done by criminals and not an inside job, the robbery should stress the continued need to create more sophisticated cyber safeguards. The biggest Federal Reserve in the United States being so effortlessly compromised is clearly reason behind much concern for just about everybody.

In reality, other institutions that are federal taking proactive measures to better defend their operations online. Earlier in the day this month, the Pentagon invited vetted hackers to try and infiltrate its private community and public internet sites.

‘Hack the Pentagon’ is a bounty competition where approved hackers are rewarded for infiltrating and areas that are exposing to intrusion.

‘I am confident that this innovative initiative will strengthen our digital defenses and ultimately enhance our nationwide security,’ US Defense Secretary Ash Carter said associated with the certainly uncommon, but evidently much-needed, program.