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AP National Business

Panthers owner David Tepper scrutinized in criminal probe

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Published 8:36 AM

By JEFFREY COLLINS
Associated Press

COLUMBIA, S.C. (AP) — Carolina Panthers owner David Tepper and his real estate company are being scrutinized in a criminal investigation. The probe is examining whether they misused any public money in their failed effort to build a new practice facility for the NFL team. in South Carolina. The York County Sheriff’s Office says state agents and local prosecutors are involved in the probe, which does not mean any crime occured. Tepper’s company GT Real Estate is denying any criminal wrongdoing. It suggests the probe could be timed to disrupt a settlement the team reached agreeing to repay York County more than $21 million, roughly what it took in sales tax revenue to build access roads.

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