Feds say Boston Grand Prix CFO spent COVID-19 funds on diamond ring, Match.com membership
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.
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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 Promoter's 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 and lead promoter for the event planned for Labor Day in 2016, appeared before U.S. Magistrate Judge...