A Story You Have To Read

Here's The Awl's description of Bloomberg Businessweek's "The King of All Vegas Real Estate Scams":

Oh yes: this is the story that has it all, baby: Four Loko, insurance scams, foreclosures, a retired ladies detective club, RICO complaints, fake absentee ballots, the FBI, Las Vegas, offshore bank accounts and actual broken kneecaps. Stick with it, it gets crazier and crazier.

Here is one of the interesting characters in the story, which involves a scam involving Homeowner Association lawsuirs:

The change at the Vistana came fast that winter. In January 2005 the three new board members on the five-person board canceled a mediation session with Rhodes Homes, fired their attorneys from Angius & Terry, and replaced them with a firm called Spilotro & Kulla. John Spilotro was well known in Vegas not only because of his success as a criminal lawyer but also because of his famous uncle, Anthony “The Ant” Spilotro. During the ’70s, Anthony Spilotro moved from Chicago to Vegas allegedly to help run various mob-related businesses, including the Stardust Resort & Casino. In the years to come he ran roughshod over the city, forming a notorious burglary outfit called The Hole in the Wall Gang and touching off a spasm of street violence that drew national attention, and ultimately, a federal crackdown on organized crime in Vegas. In 1986 police found Anthony Spilotro’s body several feet under an Indiana cornfield. They suspected he’d been buried alive. In the 1995 Martin Scorsese-directed movie Casino, Joe Pesci plays a character based on Spilotro. A quarter-century later, the surname Spilotro still gives some people in Vegas the heebie-jeebies. “When I heard that name,” recalls Murray, “I went, ‘Oh, you’ve got to be kidding me.’ ” (Spilotro did not respond to a request for comment. He has not been accused of any wrongdoing.)

It's a long story, but it never gets boring.