Tuesday, April 13, 2010

Dominos continue to fall in Artisan Hotel saga

It's curtains for another Artisan hotel, this one in El Paso, Texas. That could mean millions of dollars lost by Las Vegas investors.


Contact 13 Chief Investigator Darcy Spears has learned there are up to 50 local investors who stand to lose more than $5 million if the Texas property shuts down for good.

The official reason the Artisan El Paso is closed is that the gas was shut off to the bankrupt property because they couldn't pay the bill.

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