- Investigation focused on public dollars sent to Tepper company
- The company building facility went bankrupt earlier this year
Billionaire David Tepper and his real estate company are facing a criminal investigation into the now-scrapped plans to build a training facility for his Carolina Panthers football team.
Tepper, who bought the NFL franchise for $2.3 billion in 2018, had proposed constructing an $800 million facility in South Carolina’s York County, near the team’s stadium in Charlotte, North Carolina. But the plans were ditched after disputes between local officials and Tepper over the project.
The South Carolina Law Enforcement Division and the York County Sheriff’s Office opened an investigation into the use of public funds for the project earlier this month, according to a joint statement from York County Sheriff Kevin Tolson and Solicitor Kevin Brackett.
Bloomberg
By Madlin Mekelburg and Amanda Albright
December 2, 2022