Guilty pleas uncover how forged documents and false claims were used to secure millions in funding for an Arizona athletic park project. https://t.co/kbtiqN0onq
Father And Son Plead Guilty To $284M Fraud For Massive Sports Complex https://t.co/Fl2EfBEEk7
Former owners plead guilty to federal charges in Legacy Park fraud case https://t.co/Mhr6PqK5Yh
Chad Miller and Randy Miller, a father and son duo from Phoenix, have pleaded guilty to federal charges including securities fraud and aggravated identity theft related to a fraudulent scheme involving a failed sports complex project in Arizona. The scheme involved forged documents and false claims to secure millions in funding, ultimately defrauding municipal bondholders of more than $280 million. Judgments of approximately $4.8 million and $7.3 million were entered against Chad and Randy Miller respectively. The case highlights a large-scale fraud that also included fake deals and inflated revenues, with investigations extending to a $95 million Texas Lottery jackpot.
