Billionaire and Broadcom co-founder Henry Nicholas was indicted today for stock-options backdating. Not a big surprise, since there had been a very public investigation for a while.

What is surprising is another indictment unsealed today that alleges Nicholas was heavily involved with illegal drugs like ecstasy and cocaine. Nicholas allegedly called them "party favors" and used them to drug industry execs and Broadcom customers.

One bizarre story from the indictment: it alleges Nicholas distributed his party favors during a private flight. The indictment says that so much pot smoke filled the air, the pilot was forced to put on his oxygen mask.