Quote:
Originally Posted by cammb
"he" didn't rip off the state of Rhode Island. That's your opinion. His company accepted a bond sale from thre state t move his company to Rhode Island. They went bankrupt and the state charged his company with fraud for the fact they weren't forthcoming in their projected sales etc. They settled for 2.5 million. Schilling maintains his innocense. He also lost 50 million of his own money.
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The state actually won $61m from Schilling and his company. Schilling and his company lied to the state when getting the $75m, not telling Rhode Island that the money wasn't enough to fund development of the game they were promising. They also mismanaged the money they did receive.
So, yeah, he - and his company - ripped off the state.