Skip to main content
Tags: broadcom | founder | arrested | henry nicholas

Broadcom Founder Arrested: Henry Nicholas Facing Drug Counts in Vegas

Broadcom Founder Arrested: Henry Nicholas Facing Drug Counts in Vegas

This Thursday, Aug. 9, 2018, photo released by the Las Vegas Metropolitan Police Department shows tech billionaire and advocate of crime victims Henry T. Nicholas III, in Las Vegas. (Las Vegas Metropolitan Police Department via AP)

Friday, 10 August 2018 01:48 PM EDT

Broadcom Corp. co-founder Henry T. Nicholas III was arrested Tuesday at a Las Vegas Strip casino-resort and faces drug charges.

The tech billionaire and advocate of crime victims was arrested on suspicion of trafficking heroin, cocaine, meth and ecstasy, Las Vegas police officer Larry Hadfield said Thursday. He added police responded to the casino-resort following a report from security, which had found contraband in a room.

Nicholas' attorney, David Chesnoff, told The Associated Press his team is doing its own investigation and will "deal with the facts in court." Court records show Nicholas has been released on his own recognizance.

Nicholas co-founded high-tech chipmaker Broadcom Corp. in 1991 and resigned as president and CEO in 2003. In 2008, he was indicted on narcotics and securities fraud charges. The charges in the securities case were dismissed in 2009 and the narcotics case in 2010.

The billionaire is an advocate for crime victims and has bankrolled ballot measures in the U.S. to guarantee them and their family members some rights. The so-called "Marsy's Law" victims' bill of rights is named after Nicholas' sister, Marsalee "Marsy" Nicholas, a California college student who was stalked and killed in 1983 by an ex-boyfriend.

Five states — California, Ohio, Illinois, North Dakota and South Dakota — have a Marsy's Law on their books. South Dakota altered its law earlier this year to help police and prosecutors cut down on unforeseen bureaucratic problems it created. Montana voters passed a Marsy's Law in 2016 that the state Supreme Court later overturned, citing flaws in how it was written.

The Marsy's Law national organization in a statement released Thursday said its cause is "far greater than any one person.

"The allegations in the media should not interfere with Marsy's Law, the victims rights movement started by Dr. Nicholas, that so many victims, advocates, law enforcement leaders, staff and volunteers are working to advance across the country," the organization said.

In Nevada, Marsy's Law will appear on the ballot in November as a legislatively referred constitutional amendment, after the measure was approved during the 2015 and 2017 legislative sessions, as required by law. Nevada Attorney General Adam Laxalt, Clark County Sheriff Joe Lombardo and Clark County District Attorney Steve Wolfson have previously endorsed the measure.

Henry Nicholas was arrested along with Ashley Fargo on Tuesday. Hadfield said she faces the same counts as Nicholas. Court records show she has also been released on her own recognizance.

It was not immediately clear if Fargo has legal representation.

Records for the pair show a court hearing scheduled for September.

© Copyright 2025 The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


TheWire
Broadcom Corp. co-founder Henry T. Nicholas III was arrested Tuesday at a Las Vegas Strip casino-resort and faces drug charges.
broadcom, founder, arrested, henry nicholas
425
2018-48-10
Friday, 10 August 2018 01:48 PM
Newsmax Media, Inc.

Sign up for Newsmax’s Daily Newsletter

Receive breaking news and original analysis - sent right to your inbox.

(Optional for Local News)
Privacy: We never share your email address.
Join the Newsmax Community
Read and Post Comments
Please review Community Guidelines before posting a comment.
 

Interest-Based Advertising | Do not sell or share my personal information

Newsmax, Moneynews, Newsmax Health, and Independent. American. are registered trademarks of Newsmax Media, Inc. Newsmax TV, and Newsmax World are trademarks of Newsmax Media, Inc.

NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved
Download the Newsmax App
NEWSMAX.COM
America's News Page
© 2025 Newsmax Media, Inc.
All Rights Reserved