Earlier this week, we wrote about the truly bizarre situation in which the Las Vegas Review Journal — the largest newspaper in Nevada — had been purchased for $140 million… and no one knew who the owner was. For fairly obvious reasons, this started to make a lot of people uncomfortable — including the reporters for the NVRJ. Suspicion quickly focused on big time political funders, with some noting that Nevada is an early primary state, and may play a key role in the presidential election. The Koch brothers, who are big time funders of candidates flat out denied it, leading to more intense scrutiny on the other key guess: Las Vegas casino magnate Sheldon Adelson, a key funder of Mitt Romney in the last election.

Now, Dan Primack at Fortune is claiming that Adelson did, in fact purchase the paper, using the newly formed News + Media Capital Group LLC as a shell to try (apparently not very well) to hide that fact: