Creditors ask judge to keep former billionaire in Montana jail where he's been since April
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Creditors say a former billionaire should remain in the Montana jail where he has been held for almost two months for not disclosing what happened to $13.8 million from a property sale in Mexico.
The creditors' attorneys on Friday described as a "repackaged mishmash" more than 9,000 pages of financial documents submitted by Tim Blixseth as he seeks to be freed from the Cascade County jail.
Blixeth founded Montana's ultra-exclusive Yellowstone Club. U.S. District Judge Sam Haddon jailed him for contempt April 20 after growing impatient with his incomplete accounting of the Mexico property sale.
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Creditors from the Yellowstone Club's 2008 bankruptcy say Blixseth owes $286 million that he drained from the resort for personal use. They accuse Blixseth of hiding the money. He has claimed he spent it.