? about the Mustang Ranch

[marin_bud]

Did the federal government acually ever run the brothel and is it true they sold it on e-bay? Thanks.

[Tinkerertink69]

Found this forum while looking up some information on the Mustang Ranch about this very question, and decided to join and post. Hello!

Anyways, this article (http://www.foxnews.com/story/0,2933,292166,00.html) over at Foxnews.com actually gives a pretty good story on this very question.

Hopefully that helps......

[Brandman]

My understanding of when the IRS ran the Mustang is that they didn't actually run it. They wanted to but found trouble at the county level.

In 1990 the IRS seized Mustang through a bankruptcy forfeiture proceeding because Joe refused to pay the $12 million in jeopardy tax assessments and also because he committed bankruptcy fraud.

The court hired a trustee to oversee the asset. That was Jeri Coppa and she tried to get the thing operating.

Meanwhile Storey County Commissioners passed a zoning ordinance which effectively outlawed the Mustang. They told Jeri Coppa she need not apply for a brothel license and that one was needed.

This precipitated a forced sale of the brothel to which Joe laundered money around the world and then put it in the hands of his attorney's brother who was president of Mustang Properties, the owner of the Lockwood trailer home park. He then purchased the Mustang from the IRS at a low price.

That's the short of it as I know it to be.

[tuesdaymoore]

I worked at Mustang before it closed and had talked to Joe on the phone a few times as Bridgit had come up with the idea to "give me as a NEW YEARS gift"......needless to say, I didn't go.
I was actually quite an earner and used that to my advantage to get out of going :-)
I am interested in reading your book. Is it finished yet ?
T

[Brandman]

It's about 98% ready for publication. Give me two more weeks!

Check it out: http:/mustang-ranch.us