HELENA, Mont. (AP) – A former billionaire has filed a lawsuit against Montana’s Department of Revenue after a federal judge ruled the state wrongfully tried to force him into bankruptcy to collect taxes the state said he owed. Tim Blixseth is seeking hundreds of millions of dollars in damages along with attorneys fees in the suit.
Blixseth was found guilty of fraudulently transferring money from a 2005 bank loan to enrich himself, as he tried to keep his failing resort open which spiraled into bankruptcy in 2008.
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