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Court approves sale of Montana mansion

BILLINGS, Mont. (AP) A Wyoming company has been cleared to sell a nearly $11 million Montana mansion once owned by a Virginia businessman now convicted of fraud.

A judge ruled May 9 that the title to the 26,000-square foot castle in Billings was transferred to the company Three Blind Mice, the Billings Gazette reported.

Former Signal Peak Energy executive Larry Price Jr. had signed the property over in a quitclaim deed, telling a federal judge last year that he owed $11 million to the company.

He later claimed he still owned the mansion.

Price is scheduled to be sentenced on federal charges of wire fraud, money laundering and lying to federal investigators after he staged his own abduction in Virginia last year.

Court documents say the company is entitled to half of the proceeds after the mansion sale satisfies other debts.

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