Hard to tell, some small businesses suck all the money out with good tax planning. After you get a car, 25% toward your pension first class health insurance, lunch and entertainment allowance you can get a modest W-2 and live well. The business can stay broke and does not pay big salaries, while the owners do OK.
Not saying that was the case here but if they were smart it was. Somewhere along the line they must have known that a lawsuit was coming that would hit paydirt.
---In vpFREE@yahoogroups.com, <vpfree@yahoogroups.com> wrote:
On 9/28/2013 1:11 PM, haaljo@... wrote:
widespread and influential power.
>Not even 100G's. Pretty small potatoes for a business wielding such
> Black Book wiki:
>
> http://en.wikipedia.org/wiki/Black_Book_(gambling)
> <http://en.wikipedia.org/wiki/Black_Book_%28gambling%29>
>
>
> "...The /Las Vegas Sun
> <http://en.wikipedia.org/wiki/Las_Vegas_Sun>/ reported on September
> 13, 2005, that Griffin Investigations had filed for Chapter 11
> bankruptcy protection
> <http://en.wikipedia.org/wiki/Chapter_11_bankruptcy_protection> in
> light of legal costs and damages from a successful defamation
> <http://en.wikipedia.org/wiki/Defamation> lawsuit against the company.
> The lawsuit had been brought by two gamblers, Michael Russo and James
> Grosjean <http://en.wikipedia.org/wiki/James_Grosjean>, claiming they
> had been improperly detained, labeled as cheaters and arrested, on the
> basis of information supplied by Griffin.^[
> <http://en.wikipedia.org/wiki/Griffin_Investigations#cite_note-2>
> According to the judgement of a jury in Clark County District Court in
> June 2005, Griffin Investigations was ordered to pay Michael Russo
> $15,000 and $10,000 to James Grosjean in punitive damages. Each
> company (Griffin Investigations and Caesars Palace
> <http://en.wikipedia.org/wiki/Caesars_Palace>) was ordered to pay
> Russo and Grosjean the actual damages of $25,000 each..."
>
widespread and influential power.
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