Rhode Island on Thursday sued Curt Schilling over his bankrupt company, 38 Studios LLC, seeking to recover some of the $75 million in loans it guaranteed to lure the firm from Massachusetts and alleging that the former Boston Red Sox pitcher and associates manipulated the state to secure the financing.
In a detailed, 97-page complaint filed in Rhode Island Superior Court, the state alleges a broad conspiracy in which Schilling and 13 other defendants engaged in financial misconduct, neglect, and fraud to deceive officials about the company’s financial prospects.
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Seems to me that the RI officials who decided to loan Schilling's company all that money didn't do their due diligence properly. Or maybe they were dazzled by the celebrity.
Rather than be embarassed and contrite and appologize to RI taxpayers while assuring them that they've learned their lesson, these officials are spending more taxpayer dollars in an attempt to save face.