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Las Vegas Man Arrested for Extorting Casino Mogul Steve Wynn

From hostile emails to handwritten threats, his campaign unraveled when detectives found his phone number in a letter. Now, a $50K bond stands between him and freedom.

, and Administrator

2026 February 11 . 7:38 PM

1 min read

The image shows a poster with text and a logo that reads "When companies sneak hidden junk fees into families' bills, it can take hundreds of dollars a month out of their pockets."

Las Vegas Man Arrested for Extorting Casino Mogul Steve Wynn

A Las Vegas man has been arrested after allegedly running a long extortion campaign against casino mogul Steve Wynn. Michael Loizias, 43, sent threatening emails and letters, demanding payments of $1 million. Police tracked him down using evidence from the letters themselves.

The harassment began in October 2023, when Loizias started sending hostile emails to Wynn. He claimed the businessman owed unpaid taxes from stock sales and demanded $1 million to stay silent. Over the following months, he sent 79 emails in 2023 alone, each repeating the same threat.

On January 30, 2026, Wynn received two packages at his Florida home. Each contained a menacing letter with bank details for the payment. One letter included Loizias's real phone number, which police used to trace him. Surveillance footage from a Las Vegas FedEx Office, where he mailed one package, matched his Nevada driver's license.

Loizias lived frugally in Las Vegas, working odd jobs like delivery driving and retail since moving from Greece around 2018. His minimal savings and sporadic income funded the campaign. A judge has now barred him from contacting Wynn or any of his employees.

This case marks the most public security breach Wynn has faced since moving to Florida in 2018. Legal analysts note the extensive paper trail—emails, letters, and surveillance footage—makes it one of the most documented extortion attempts in Palm Beach history.

Loizias now faces one criminal count of extortion and remains in custody on a $50,000 bond. The evidence against him includes his own phone number, surveillance footage, and years of written threats. The case will proceed through the courts in the coming months.