International edition
September 25, 2021

Glenn Straub is being investigated for placing fraudulent construction liens

Owner of former Revel casino under investigation for fraud

Owner of former Revel casino under investigation for fraud
Media has reported that Straub's company put a USD 64,400 lien on the ranch of ex-girlfriend Jessica Nicodemo, 33, for fencing and road work that was not paid.
United States | 08/17/2017

Media has reported that Straub's company put a USD 64,400 lien on the ranch of ex-girlfriend Jessica Nicodemo, 33, for fencing and road work that was not paid.

"There is no truth to the matter. To get back at us she is saying that we excessively put too high a lien on her property. They can put anything in a lawsuit that they want," said Glenn Straub in a report quoted by The Press of Atlantic City website. 

Straub bought the USD 2.4B Revel for USD 82M in bankruptcy court in August 2015. Since then he has repeatedly talked about reopening the property, and has set several deadlines for doing so, but it remains closed. Straub has blamed state and local officials for holding up the reopening of the project.

The building contains 13 restaurants, a 32,000-square-foot spa, 55,000 square feet of retail space and a parking garage with more than 7,000 spaces.

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