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-   -   Football Dan Snyder allegedly committed Bank Fraud with NFL assisting in Coverup (https://www.chiefsplanet.com/BB/showthread.php?t=347799)

chiefzilla1501 02-28-2023 01:09 PM

It’s not like this is in isolation. This whole comedy exposes how NFL owners can get away with a cartoonish amount of shit as long as they have money. Snyder has had a gazillion offenses where each one on it's own should have costed him the team.

notorious 02-28-2023 01:19 PM

Quote:

Originally Posted by alpha_omega (Post 16830703)
Daniel Snyder allegedly charged Commanders $4.5 million to put team logo on his private jet, per report

Snyder allegedly also charged the franchise $10 million annually to use his own private jets

Commanders owner Daniel Snyder infuriated NFL owners and restarted conversations about potentially voting him out, according to reports from the Washington Post on Monday. Twenty four hours later, Snyder continues to look even worse after he allegedly was charging the franchise $10 million a year to use his own private jets as well as an additional $4.5 million to put the team's logo on his personal plane, according to ESPN.

In documents acquired by ESPN, Snyder called the $4.5 million charge "an advertising fee" despite the team's then-minority owners claiming Snyder's personal jet "provides little or no advertising value." The charges of $10 million annually and the one-time $4.5 million fee are also an issue because the minority owners who were in possession of 40% of the team did not consent to the spending.

Minority team owners Dwight Schar, Frederick W. Smith, and Robert Rothman, said Snyder was using the franchise as his "personal piggy bank," according to an arbitration petition filed with the league per ESPN. The alleged lack of ethics regarding the team plane spending, however, is just the tip of the iceberg regarding Snyder's unapproved financial decisions since some details of an FBI and IRS investigation into the team are centered around even bigger alleged financial misconduct, according to ESPN.


Snyder allegedly took on a $55 million loan through the Commanders without informing the minority owners and receiving their approval, which is critical because it came 16 months before buying out the individuals who held a combined 40% share of the team. This loan has reportedly been a key area of focus for federal prosecutors who are investigating financial misconduct.

https://www.cbssports.com/nfl/news/d...et-per-report/

A perfect example of how to abuse the write-off system.

Red Dawg 02-28-2023 01:37 PM

Nothing will happen. People with loads of money get out of everything. People in power get away with everything because they know the dirt on people. We have seen this shit for 100 years.

htismaqe 02-28-2023 01:43 PM

Quote:

Originally Posted by Red Dawg (Post 16830776)
Nothing will happen. People with loads of money get out of everything. People in power get away with everything because they know the dirt on people. We have seen this shit for 100 years.

Much much longer than that. Wealth and corruption go all the way back to ancient Mesopotamia.

Sassy Squatch 02-28-2023 01:45 PM

Quote:

Originally Posted by Red Dawg (Post 16830776)
Nothing will happen. People with loads of money get out of everything. People in power get away with everything because they know the dirt on people. We have seen this shit for 100 years.

Uhh, might be a bit different this go around considering there's already federal prosecutors involved and the ****ed over parties are billionaires themselves.

Red Dawg 02-28-2023 02:06 PM

Quote:

Originally Posted by Superturtle (Post 16830781)
Uhh, might be a bit different this go around considering there's already federal prosecutors involved and the ****ed over parties are billionaires themselves.

Good points but the other owners are not going and make a push for anything but a large fine to get money. Federal prosecutors are all paid for by other billionaires in one way or another. All of them have nasty secrets they don't want exposed. All of this is will end with Dan being out as an owner and that's pretty much it. Dan will not get locked up.

Sassy Squatch 02-28-2023 02:19 PM

Quote:

Originally Posted by Red Dawg (Post 16830808)
Good points but the other owners are not going and make a push for anything but a large fine to get money. Federal prosecutors are all paid for by other billionaires in one way or another. All of them have nasty secrets they don't want exposed. All of this is will end with Dan being out as an owner and that's pretty much it. Dan will not get locked up.

I'm not talking the other owners. I'm talking the former minority owners that may have gotten absolutely ****ed out of what may have been a lucrative windfall by being forced to sell for a fixed price in Mediation

RedinTexas 02-28-2023 03:07 PM

As long as Goodell goes to prison, I'm good with it.

GeorgeZimZam 02-28-2023 03:16 PM

https://i.postimg.cc/j25WZCst/image.jpg
Robert Sarver (Phoenix Suns)

https://i.postimg.cc/1tWXnPDT/w3dona...1423596985.jpg
Donald Sterling (Los Angeles Clippers)

https://i.postimg.cc/N0mRHy0n/image.jpg
Daniel Snyder (Washington Redskins/Commanders)

https://i.postimg.cc/nr6W0jvD/thinking-face-1f914.gif
Beyond owning professional sports franchises and being sketchy AF, I wonder if these 3 sheisters share anything else in common?

https://s.yimg.com/ny/api/res/1.2/YR...d75fdf11b51307

htismaqe 02-28-2023 03:38 PM

Quote:

Originally Posted by Superturtle (Post 16830856)
I'm not talking the other owners. I'm talking the former minority owners that may have gotten absolutely ****ed out of what may have been a lucrative windfall by being forced to sell for a fixed price in Mediation

They'll probably settle out of court.

Skyy God 02-28-2023 05:25 PM

Anti-Semitism Planet??

Spott 02-28-2023 05:33 PM

EB’s new job just got even worse.

Womble 02-28-2023 07:42 PM

Article should call him "former Redskins owner" instead.

Rainbarrel 02-28-2023 07:43 PM

Daniel Snyder is Russell Wilson's armour from constant grilling

Rain Man 02-28-2023 09:14 PM

This sounds like how rich people fight.


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