Richard Cleaves

Courtesy LVMPD

Sheriff: Man Arrested in Casino Heir Ranch Break-In Case

Suspect a Former Manager of Ted Binion's Property in Pahrump

April 17, 2019 - 2:57 pm

LAS VEGAS (AP) — Authorities in rural Nevada say a man has been arrested in a break-in and possible attempt to dig buried treasure at a rural Nevada ranch once owned by a Las Vegas casino heir who died 20 years ago.

Nye County sheriff's Lt.  David Boruchowitz said Wednesday that 56-year-old Richard Cleaves was arrested Friday on warrant charges of burglary, conspiracy and destruction of property.

Cleaves is identified as a former manager of Ted Binion's property in Pahrump, where sheriff's officials found holes dug after Cleaves and two unidentified men with shovels were seen on surveillance cameras March 30.

Binion is believed to have buried millions of dollars' worth of silver before he died at age 55.

Binion's stripper girlfriend and her lover were eventually acquitted of murder in his death.