BILLINGS, Montana — The jailed founder of Montana's Yellowstone Club faces three months more in custody barring a higher court's intervention after a judge scheduled an October trial in his civil contempt case.
Sixty-five-year-old former billionaire Tim Blixseth has been jailed in Cascade County since April 20 on orders from U.S. District Judge Sam Haddon. Haddon wants to know what happened to $13.8 million from a Mexico resort property that Blixseth sold in defiance of another judge's order.
Creditors from the Yellowstone Club's 2008 bankruptcy have more than $250 million in judgments against Blixseth. They say the Medina, Washington man tried to hide what's left of his fortune to avoid paying.
Haddon set an October 19 trial.
An emergency petition for Blixseth's release is pending before the 9th U.S. Circuit Court of Appeals.