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Butkovitz Early Winner, Dyed Money Scam, Revel No Longer Bankrupt
 
  by: Rebel - Havertown, PA
started: 05/22/13 1:10 am | updated: 05/22/13 1:10 am
 
Philadelphia City Controller Alan Butkovitz was an early winner as ballots from the Pennsylvania primary election are being tallied. Butkovitz, who's seeking a third term, easily beat back challengers Brett Mandel and attorney Mark Zecca on Tuesday in a city where Democrats outnumber Republicans nearly 9-1. In November, he’ll face businessman Terry Tracy, who was unopposed for the GOP nod.

A New Jersey man and a Philadelphia resident were indicted Tuesday on charges they scammed victims with worthless paper dyed black that was portrayed as real money and sold to people who paid to have the dye removed. 38-year-old Nyondah Blay of Trenton and 36-year-old Carl Jenkins are each charged with second-degree conspiracy and second-degree attempted theft by deception.

Revel is bankrupt no more. The struggling Atlantic City casino formally emerged from bankruptcy court on Tuesday, just 13 months after it opened with sky-high hopes. The pre-planned Chapter 11 filing wiped out $1.2 billion of the casino’s $1.5 billion in debt, by giving lenders an 82 percent ownership stake.

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Phillies 7 Marlins 3

Weather, May 22

Partly Cloudy. High 87 in Center City.
 
 
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