Mar 27, 2021

Infamous Billings mansion, built with stolen money, sold

Posted Mar 27, 2021 9:36 PM

BILLINGS, Mont. (AP) — A 26,000-square-foot mansion built with stolen money on the west side of Billings has been sold for $7.5 million.

The 10-bedroom, 19-bathroom residence was purchased by Jock and Cathy Clause.

The two are former owners of a mobile home park in Billings.

The mansion was built six years ago by Larry Price Jr., a former Signal Peak mine executive.

Price is serving five years in prison after stealing millions of dollars from the mine and investors.

After closing costs, sale proceeds will go to pay back taxes, $1.7 million could be forfeited to the government and at least $1.1 million is owed to builders and material companies. Whatever's left goes to investors.