Orange County tech billionaire Henry T. Nicholas III charged with drug trafficking following Las Vegas arrest

Orange Area tech billionaire Henry T. Nicholas III was charged Wednesday, Feb. 13 with numerous medicine ownership and trafficking charges in connection with a 2018 arrest at a Las vega resort room where police found thought heroin, methamphetamine, drug, mushrooms and euphoria.

Nicholas, co-founder of the chipmaker Broadcom, was detained Aug. 7 along with a lady, Ashley Fargo, according to a cops record gotten by the Southern The Golden State News Team.

Cops were mobilized to the resort because Nicholas was having difficulty opening the door to his area as well as became concerned concerning the well-being of Fargo that was within and fell short to answer the door, according to the record.

When cops entered the area, they discovered Fargo unresponsive as well as lying on a bed with a semi-deflated balloon in her mouth. A canister of laughing gas that Nicholas claimed was for recreational usage was found in the edge of the area, according to police.

“The type of usage pointed out by Nicholas described the balloon in Fargo’s mouth, as this is an usual method to consume nitrous-oxide as an inhalant understood as whippets or poppers,” the record says.

Police stated they also found two situations in the space which contained what showed up to be marijuana and also bags of powder and other materials thought to be narcotics.

Nicholas and also Fargo were billed Wednesday in Clark Area Justice Court with five matters of trafficking as well as two matters of having a regulated compound.

David Z. Chesnoff, an attorney standing for Nicholas, said his customer and also Fargo reject the charges.

“The charges are only allegations and also not realities,” he said. “The actual truths are that Dr. Nicholas is a philanthropist, an advocate for sufferer’s rights, a researcher as well as co-founder of a worldwide company. He is not a medicine trafficker. We prepare to file an activity to dismiss the whole issue on a variety of grounds, including absence of evidence.”

Nicholas co-founded Broadcom in the 1990s and also left the firm in 2003. Just recently, he has actually been moneying ballot procedures in the U.S. that intend to guarantee specific rights to criminal offense targets.

His estate is estimated to be worth $3.1 billion by Forbes magazine, which claims Nicholas kept a 3 percent stake in the firm. Broadcom was gotten by Singapore-based chip firm Avago in February 2016 for $37 billion in money and stock as well as was relabelled Broadcom Ltd. Formerly based in Irvine, the business has considering that moved its headquarters to San Jose.

Nicholas has struggled with illegal medication charges in the past. In June 2008, he was charged with 4 matters of distributing illegal medications as well as 21 counts that he supervised a conspiracy to blow up and poorly make up $2.2 billion in Broadcom employee stock choices, causing the largest monetary restatement of its kind in U.S. history.

He begged innocent to all the fees, which later on were dismissed.

Yet by then, the situation had actually made nationwide headings. A profile in Vanity Fair had the title: “Dr. Nicholas as well as Mr. Hyde: Sex, Lies and also Underground Lairs.”

The court filings in the previous case repainted Nicholas as a ruthless business owner that slipped medications to competitors without their knowledge, who endangered the lives of workers he thought had transformed versus him, who had the methods and also motive to run away beyond the reach of justice in his exclusive jet.

Among the accusations: Nicholas and his entourage when smoked a lot cannabis aboard his individual jet that the pilot put on an oxygen mask, the drug charge claimed; Nicholas delighted clients with prostitutes, cocaine as well as “ecstasy”; Nicholas developed a secret lair for sex as well as drug orgies.

After the fees were dropped, Nicholas laid out to clear his name.

A longtime benefactor, he contributed money and time to his children’s college, St. Margaret’s Episcopal in San Juan Capistrano and sustained the Nicholas Academic Centers, a program for impoverished urban students.

Various other companies gaining from Nicholas’ largesse included Habitat for Humanity, a small-business incubator called Chefs Center of California, the Episcopal Church, Opera Pacific, the Pacific Harmony, the Ocean Institute, design and computer system science programs at UCI, the Oakland Military Institute, and the Mt. Olive Institution for girls in Kenya.

Nicholas additionally bankrolled The golden state’s Marsy’s Legislation, a bill of civil liberties for targets of terrible criminal activity called after his sister, that was killed by an ex-boyfriend in 1983. Nicholas backed the initiative with $4.9 million in campaign payments.

Nicholas and Fargo are arranged to be arraigned March 11.

The Associated Press contributed to this report.

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