Former business partners of Nevada developer and lobbyist Harvey Whittemore have sued him, claiming he embezzled and misappropriated more than $40 million.
In its lawsuit filed Friday in Clark County District Court, the Wingfield Nevada Group Holding Co. claims Whittemore used tens of millions of dollars to support an extravagant lifestyle, including $200,000 for his daughter’s wedding, $2.1 million in private jet flights and an unauthorized salary topping $900,000.
The holding group is now controlled by brothers Thomas and Albert Seeno, who partnered with Whittemore in his master-planned communities, including Coyote Springs in southern Nevada and Wingfield Springs in northern Nevada.
The suit also names Whittemore’s wife, Annette, as a defendant.
The Whittemores said the allegations are false and they’ll take “all steps necessary to preserve” their reputation.
Topics Mergers & Acquisitions
Was this article valuable?
Here are more articles you may enjoy.
Trump Plan Would Open Almost All Coast to Offshore Drilling 
Catastrophe Bonds’ Huge Market Gains Put Reinsurers on Backfoot 
GEICO Sues Medical Firms in Florida, NY Over Alleged No-Fault Auto Fraud 
Old Republic to Acquire Small Farmowner Insurer Everett Cash Mutual 
