Johnf Casey News Today

The former chief financial officer of the Boston Grand Prix was sentenced to prison Tuesday for a fraud and tax scheme dating back to 2014.

John F. Casey, 58, of Ipswich, was charged in connection with three distinct schemes, according to federal prosecutors in Boston.

The former CFO of the Boston Grand Prix pleaded guilty to numerous counts including wire fraud, identity theft, money laundering and filing false tax returns.

John F. Casey was part of a group that tried to bring an IndyCar race to the streets of Boston in 2016.

October 21, 2021 — The former chief financial officer (CFO) of the Boston Grand Prix pleaded guilty today in federal court in Boston in connection with multiple schemes to defraud equipment and small business financing companies as well as the Small Business Administration (SBA) and the Internal Revenue Service.

The former CFO of the Boston Grand Prix pleaded guilty to 23 counts of wire fraud, aggravated identity theft, money laundering and filing false tax returns.

An IndyCar Grand Prix event promoter who is slated to plead guilty to fraud and tax charges was hit with new allegations Wednesday that he scored $676,000 in pandemic relief funds through purported business entities including "Now Potty LLC," with the money allegedly used for personal expenses like luxury hotels and a 3-carat diamond ring.

ADVERTISEMENT ADVERTISEMENT Faulty Wi-Fi Blamed For IndyCar Promoters Bail Violation Law360 (April 14, 2021, 7:53 PM EDT) -- The promoter of a failed IndyCar event facing fraud charges told a Boston federal judge Wednesday that a bad internet connection with a court official led him to believe he could cross state lines into New Hampshire to visit a firing range, even though his bail conditions require him to stay in Massachusetts.    John F. Casey, the former head of Boston Grand Prix LLC a...