Authorities Fail To Find Guilty Strip Club Owner Rizzolo's Assets

The U.S. government says it cannot locate millions of dollars in assets allegedly belonging to strip club landlord Rick Rizzolo.

The assets may be needed to satisfy a criminal plea deal.

Rizzolo pleaded guilty to tax evasion in June of last year.

He was sentenced to 366 days behind bars and ordered to sell the Crazy Horse Too topless club to pay $17 million in court-ordered fines, forfeitures and settlements.

Last week, prosecutors asked U.S. District Judge Philip Pro to allow the seizure of the club should Rizzolo fail to reach an agreement with a buyer.

Rizzolo has a sale deadline of September 30th.

But if he can't sell the club, FBI investigators say they can't find the rest of Rizzolo's fortune.

The FBI says Rizzolo gave millions of dollars to his ex-wife in the form of homes, bank accounts and alimony.

The exchange happened about a month after Rizzolo began negotiating his plea agreement with the government.


Comments are posted from viewers like you and do not always reflect the views of this station.
powered by Disqus
KOLO-TV 4850 Ampere Drive Reno, NV 89502
Gray Television, Inc. - Copyright © 2002-2014 - Designed by Gray Digital Media - Powered by Clickability 9249471