Please ensure Javascript is enabled for purposes of website accessibility
Vegas Prosecutors Say Tech Billionaire Facing Drug Charges
gvw_ap_news
By Associated Press
Published 6 years ago on
February 14, 2019

Share

LAS VEGAS — A billionaire California tech mogul who funds “Marsy’s Law” crime victim rights campaigns nationwide was hit Wednesday with felony drug charges following his arrest last summer in a Las Vegas hotel suite with what police said were briefcases full of drugs.

“Dr. Nicholas is a philanthropist, an advocate for victims’ rights, a scientist and co-founder of a global company. He is not a drug trafficker.” — David Chesnoff, Nicholas’ attorney
Broadcom Corp. co-founder Henry T. Nicholas III and a woman who was with him, Ashley Christine Fargo, face five drug trafficking and two drug possession charges in a criminal complaint filed in state court in Las Vegas. Nicholas stepped down as president and CEO of the company in 2003.
The two have been free without bail pending charges since their arrests Aug. 7 at the Encore resort. They’re due for arraignment March 11.
Nicholas’ attorney, David Chesnoff, and Fargo’s lawyer, David Brown, denied wrongdoing and said they’ll fight the allegations.
“Dr. Nicholas is a philanthropist, an advocate for victims’ rights, a scientist and co-founder of a global company,” said Chesnoff, noting that Nicholas holds a doctorate in electrical engineering. “He is not a drug trafficker.”
“Ms. Fargo is looking forward to correcting the sensational and erroneous information in some of the media coverage of this case,” Brown said.
Police reported finding Fargo unconscious in a suite with methamphetamine, cocaine, marijuana, heroin, tablets believed to be ecstasy and mushrooms believed to contain hallucinogenic psilocybin.
The drug trafficking charges stemmed from the amount of controlled substances found, according to the complaint.

Federal Securities Fraud and Drug Charges

Nicholas identified a gas canister in the room as nitrous oxide “for recreational use,” according to a Las Vegas police arrest report, and Fargo was found with a deflated balloon in her mouth. The arresting officer suggested the balloon could have been used to inhale the gas.
Brown said Fargo was asleep, not unconscious, and woke after hotel security broke through the latched hotel room door.
Nicholas, 59, who uses the name “Nick,” lives in Newport Coast, California. He and a partner are credited with starting Broadcom in a Southern California garage in 1991. It is now a publicly traded Fortune 500 computer software, semiconductor and infrastructure company.
Fargo’s attorney said she lives in Newport Beach.
In 2008, Nicholas was indicted in California on federal securities fraud and drug charges that were later dismissed.
That same year, he backed a California victim rights measure named for his sister, Marsalee “Marsy” Nicholas, who had been stalked and killed by an ex-boyfriend 25 years earlier.
Voters in Nevada passed a Marsy’s Law initiative last year to expand the definition of a victim and list 16 rights including privacy, protection from a defendant, notice of court and parole hearings and “full and timely restitution.”
Marsy’s Law for All spokeswoman Gail Gitcho said 11 states now have similar laws. The organization issued a statement saying that Nicholas continues to lead the national organization that he funds.
“We have complete faith that the justice system will return the proper result in his matter,” the statement said.

DON'T MISS

What Are Fresno Real Estate Experts Predicting for 2025 and Beyond?

UP NEXT

All Six People Aboard Plane That Crashed in San Diego Confirmed Dead

Fresno Police Arrest Suspect in Southwest Shooting Through Valley Crime Stoppers’ Tip

12 hours ago

18 Injured in Knife Attack in Hamburg, Report Says

12 hours ago

Fresno County Man Killed in Head-On Collision Identified

A 20-year-old Raisin City man was killed early Thursday morning in a head-on collision north of Huntsman Avenue, according to the California...

11 hours ago

fresno
11 hours ago

Fresno County Man Killed in Head-On Collision Identified

11 hours ago

California Allocates $56 Million to Combat Youth Homelessness

11 hours ago

Let the Hunt for Fresno County Fruit Trail Delights Begin!

A Valley Crimes Stoppers tip and surveillance footage led Fresno police to arrest Andy Ramos on Thursday, May 22, 2025, who confessed to a May 11 shooting that left a man hospitalized in stable condition. (Fresno PD)
12 hours ago

Fresno Police Arrest Suspect in Southwest Shooting Through Valley Crime Stoppers’ Tip

Police officers and forensic experts work at Hamburg's main train station, after several people were injured in a knife attack, in Hamburg, Germany, May 23, 2025. REUTERS/Fabian Bimmer
12 hours ago

18 Injured in Knife Attack in Hamburg, Report Says

A view of the White House in Washington, U.S., July 20, 2024. REUTERS/Kevin Mohatt/File Photo
12 hours ago

White House National Security Council Hit by More Firings, Sources Say

Emergency personnel work at the crash scene on a street, after a small civilian aircraft went down in a military neighborhood in San Diego, California, U.S. May 22, 2025. REUTERS/Mike Blake
13 hours ago

All Six People Aboard Plane That Crashed in San Diego Confirmed Dead

14 hours ago

Explore the Wild Side of Route 66 With These Natural Wonders

Help continue the work that gets you the news that matters most.

Search

Send this to a friend