Scammer Tim Blixseth
Fraudster Tim Blixseth
Details |
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| Name: | Tim Blixseth |
| Other Name: | |
| Born: | 1950 |
| whether Dead or Alive: | |
| Age: | 71 |
| Country: | American |
| Occupation: | Real estate, timber, songwriter |
| Criminal / Fraud / Scam Charges: | Pleaded guilty to charges including passport fraud, grand larceny, scheme to defraud, violation of the NY General Business Law (Martin Act), and falsifying business record |
| Criminal / Fraud / Scam Penalty: | 5 years, 7 months, to 15 years, 7 months in prison |
| Known For: | Ponzi scheme |
Description :
Timothy Lee Blixseth (born 1950) is an American real estate developer, record producer, songwriter and timber baron. He was a co-founder of the Yellowstone Club in Montana. In 2006, Blixseth was featured in the Forbes 400 List of wealthiest Americans with a net worth of $1.3 billion. However, based on court records from his 2009 divorce, news reports estimated his 2011 net worth to have dropped to $200 million.
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