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Las Vegas Billionaire Stephen Cloobeck Arrested in West Hollywood Amid Extortion Investigation

Source link : https://las-vegas-news.com/las-vegas-billionaire-stephen-cloobeck-arrested-in-west-hollywood-amid-extortion-investigation/

Former CA gubernatorial candidate Stephen Cloobeck arrested in WeHo in investigation involving model

Former CA gubernatorial candidate Stephen Cloobeck arrested in WeHo in investigation involving model – Image for illustrative purposes only (Image credits: Unsplash)

West Hollywood – Stephen Cloobeck, the Las Vegas billionaire who founded Diamond Resorts International and once ran for California governor, was taken into custody here during an active probe tied to an extortion scheme. Authorities linked the arrest directly to an investigation centered on a Los Angeles model accused of targeting men she encountered through online platforms. The two individuals share a romantic connection, according to details emerging from the case.

Who Is Stephen Cloobeck

Cloobeck built a substantial fortune through the timeshare and hospitality industry, establishing Diamond Resorts as a major player with properties across the United States and beyond. His business success positioned him as a recognizable figure in Las Vegas circles, where he maintained deep professional and personal roots. Beyond his corporate achievements, Cloobeck entered the political arena as a candidate for governor of California, drawing attention for his self-funded campaign and focus on economic issues. Those ties to both Nevada and California have kept his name in the public eye even after he stepped back from the race.

Details of the Arrest and Probe

The arrest occurred in West Hollywood as part of a broader inquiry into alleged extortion activities. Investigators have focused on claims that the model…

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Author : Matthias Binder

Publish date : 2026-05-14 02:19:00

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