Australian Billionaire Laurence Escalante pleads guilty to cocaine possession after flying into Melbourne on his $70million private jet

The Daily Mail

A weekend bender in Las Vegas went horribly wrong for an Australian billionaire when he was busted with drugs after his luxury private jet landed in Melbourne.

Laurence Escalante – who has an estimated worth of about $3.4billion – pleaded guilty to possessing small amounts of cocaine, ecstasy and LSD in May last year when he faced Melbourne Magistrates Court on Thursday.

The 41-year-old Perth entrepreneur landed at a VIP terminal at Melbourne’s Tullamarine Airport ahead of his court appearance on the same $70million private plane, a Bombardier Global 7500, he returned to Australia on last year.

Mr Escalante made his riches after creating Virtual Gaming Worlds, an online gaming empire that prides itself on ‘innovative social games’, many of which involve gambling.

Although worth billions now, his first job was flipping burgers at Hungry Jacks for just $5.65 per hour as a teenager.

Read more at

https://www.dailymail.co.uk/news/article-12395405/Billionaire-Laurence-Escalante-pleads-guilty-drug-possession-flying-Melbourne-Las-Vegas-luxury-private-jet.html

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