Founder of resort for ultra-rich due in Montana courtroom for contempt hearing

Associated Press

The founder of a Montana mountain resort for the ultra-rich is due in federal court Monday where a judge will determine if he remains in contempt over a Mexico property sale that landed him briefly in jail.

U.S. District Judge Sam Haddon ordered one-time billionaire Tim Blixseth of Washington state to appear in Helena.

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Haddon jailed Blixseth for contempt in December for failing to fully disclose what happened to $13.8 million from a property sale in the Mexican state of Jalisco.

Blixseth was freed after seven days by an appeals court. He's since filed thousands of pages of financial records that he says show how the money has been spent.

Creditors have suggested Blixseth tried to hide the sale proceeds along with money he took from Montana's Yellowstone Club resort.