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Developer Accused of Misusing Project Funds | Indianapolis News

Developer Accused of Misusing Project Funds | Indianapolis News

Published 1 week, 6 days ago
Description

A major developer, James Andy Card, is under federal investigation after allegedly diverting $2.2 million from the Mishawaka Fieldhouse project to buy a $6.6 million Florida home. The FBI raided his Indiana residence and office as U.S. authorities moved to seize the property. The city of Mishawaka calls itself a victim if true, vowing to recover misused funds. Card, not yet charged, says he hopes to be cleared and has stepped back from overseeing development. The city remains silent on details as the legal process unfolds.

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