Former Dunes Hotel owner Morris Shenker was...

Former Dunes Hotel owner Morris Shenker was indicted for allegedly funneling hundreds of thousands of dollars to his children to avoid paying back taxes and bankruptcy creditors. A federal grand jury returned a two-count indictment against the 82-year-old Shenker, who now resides in St. Louis. FBI spokesman Tom Nicodemus said Shenker will be issued a summons and will be arraigned on the charges in St. Louis. Shenker, who operated the Dunes during the 1970s, has been in bankruptcy protection since January, 1984. According to the indictment, Shenker allegedly diverted money from a California partnership owned by his children to individuals in Canada and back to Shenker’s secretary in Las Vegas in an elaborate scheme to avoid his creditors.