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Casino Mogul Faces Prison Over COVID Funds

Casino Mogul Faces Prison Over COVID Funds

Published 3 days, 13 hours ago
Description

Casino mogul Andy Sanborn is facing federal charges for allegedly stealing over $250K in COVID-19 relief funds, with a plea deal offering one year and one day in prison and full repayment. He received nearly $900K from the SBA meant to keep businesses alive during shutdowns, but prosecutors say he used part of it for personal luxuries—including a sports car. An audit in early 2022 also revealed he was paying himself $20K/month in rent for a $500/month lease across two companies he controlled. This federal case follows separate state theft charges for allegedly falsifying applications for another pandemic aid program, which he denies, blaming state officials for targeting his business. Compounding the pressure, state regulators threatened to revoke his casino license unless he sold it—making the sale impossible—and he’s now accusing them of conspiring against him.

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