BILLINGS, Mont. — A federal judge is demanding jailed former billionaire Tim Blixseth reveal what happened to hundreds of millions of dollars he diverted from a luxury Montana resort.
The order for the first time requires Blixseth to file a complete inventory of assets that his creditors have been chasing for years. It’s due Friday.
If he complies, it would bring a decadelong legal saga closer to an end. It began when Blixseth fraudulently transferred money from the Yellowstone Club for his personal use.
He and his ex-wife founded the private ski and golf resort in Big Sky, Mont., and it went bankrupt in 2008.
Blixseth has been behind bars for a year for civil contempt over a lawsuit brought by the club’s remaining creditors.
