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Putting the Xyience Story To Bed & Waiting For The Ultimate Judgment Day

By: Rich Bergeron [mpinpage] It is so hard to even imagine the day when the Xyience sage will really be over for me. Back when all this began I had a feeling it might be the kind of story that could define my career someday. It’s been nearly two-and-a-half years since the lawsuit paperwork reached […]

Xyience, Inc. Liquidation Trustee Files Complaint Against Fertitta Enterprises And Former Company Executives

Latest Xyience Case Update By: Rich Bergeron [mpinpage]   The Usual Suspects, including all the characters pictured below and Fertitta Enterprises GM William Bullard, are implicated in a new civil suit. The case, filed by the Xyience Bankruptcy Liquidation Trustee David Herzog Tuesday, is finally unearthing the scandal I’ve been reporting on here on this […]

Station Casinos’ Executives Out To Lunch Without a Cell Phone: What’s the Potential UFC Impact?

By: Rich Bergeron $900 an hour lawyers should know better than to come into a casino bankruptcy without an open dialogue going with state gaming regulators. Yet, Station Casinos attorneys were caught with their pants down by the Reno, Nevada judge handling the case recently. It seems there has been no effort to even contact […]

Station Casinos Collapse Backing UFC-owning Fertitta Brothers into a Corner

By: Rich Bergeron When it rains, it pours for the Fertitta family. Last Friday the patriarch Frank Fertitta, Jr. died while undergoing treatment for heart disease in a California hospital. The death comes at the tail end of a long and painful campaign of pending bankruptcy that finally ended in the Chapter 11 proceedings that […]

ACCESS DENIED: Fertitta Friendly Global Cash Access May Lose Arizona License

By: Rich Bergeron     [mpinpage] Arizona’s gaming authorities recently took a bold stand against a company called Global Cash Access by filing a notice of intent to deny state certification for the merchant services company, which has suspiciously tight connections with Station Casinos and Fertitta Enterprises. Most news reports about the Arizona developments barely […]

THE USUAL SUSPECTS PART TWO: CORPORATE CROOKS ON BOTH SIDES OF XYIENCE BANKRUPTCY

From Left to right: Omer Sattar, Kirk Sanford, Adam Frank, Frank Fertitta III, Lorenzo Fertitta By: Rich Bergeron   [mpinpage] International Money Laundering, Conspiracy to Commit Fraud, Credit Card Fraud, Bank Fraud, Civil RICO charges, Insider Trading, Securities Fraud, and the list goes on and on. These are just some of the crimes going on […]

THE USUAL SUSPECTS: Global Cash Access Holdings, Kirk Sanford, Kathryn Lever, Karim Maskatiya, Omer Sattar, Fertitta Enterprises All Collude in Xyience Bankruptcy Efforts

From Left to right: Omer Sattar, Kirk Sanford, Adam Frank, Frank Fertitta III, Lorenzo Fertitta BY: Rich Bergeron   [mpinpage] Even after a sale of the company’s assets free and clear of liens, new evidence is emerging tying together all the parties that made the ongoing bankruptcy of Xyience possible in a fraudulent scheme reeking […]

XYIENCE CO-CEOS ADAM FRANK AND KIRK SANFORD RESIGN FROM BOARD OF DIRECTORS AS THE COMPANY PREPARES FOR A SALE

  [mpinpage] CEOS BAIL OUT WHILE CORNER OFFICE MANAGEMENT GETS TO COLLECT ON THEIR SIX-FIGURE SALARIES By: Rich Bergeron Even while the company is steamrolling through bankruptcy with the help of more capital infusions from Fertitta Enterprises to facilitate exploration of the company’s sale, recent court filings from Xyience indicate that the latest casualties include […]

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