Broadcom co-founder Henry Nicholas arrested in Las Vegas on suspicion of drug trafficking
Richard Winton 5 hrs ago
Broadcom co-founder and billionaire Henry T. Nicholas III was arrested in Las Vegas on suspicion of narcotics trafficking after police discovered heroin, cocaine, meth and ecstasy in his suite at the Encore hotel, police said Thursday.
Las Vegas Metropolitan police detained Nicholas, 59, and a woman, Ashley Fargo, about 10:40 p.m. Tuesday after hotel security called the police to the room, said Officer Larry Hadfield, a department spokesman. Hadfield said security reported finding contraband in the room.
Nicholas and Fargo were arrested and booked on suspicion of trafficking heroin, cocaine, MDMA and methamphetamine, Hadfield said.
Both since have been released from custody, he said.
David Chesnoff, Nicholas’ attorney, said that Nicholas was released on his own recognizance and that Chesnoff’s law firm is investigating the circumstances of the arrest. Chesnoff, who is perhaps Las Vegas’ best-known defense lawyer, has represented celebrities including Paris Hilton, Bruno Mars and Motley Crue singer Vince Neil.
This is the latest run-in with the law for Nicholas, who stepped down as chief executive of Broadcom in 2003 and who,
according to Forbes, has a fortune of $3.1 billion.
Nicholas was indicted in 2008 on charges that he had provided cocaine and ecstasy to friends and business associates. The indictment alleged that Nicholas installed “a secret and convenient lair†at his home in Laguna Hills to indulge an obsession with prostitutes.
The indictment also said that during a flight from Orange County to Las Vegas, Nicholas and his entourage generated so much marijuana smoke that it billowed into the cockpit, “
requiring the pilot flying the plane to put on an oxygen mask.â€
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