Browns Owner Jimmy Haslam Pays Feds $92 Mil to Avoid Prosecution

[MrBill]

It will be interesting to see if the league office takes any action against Haslam for his admitted role in a fuel discount scam. Everybody is still waiting to see if Jim Irsay has anything done to him so it might not be worth holding your breath.

Browns Owner Jimmy Haslam Pays Feds $92 Mil to Avoid Prosecution

It is the American way.

If you have enough money you can stay out of jail. Here is the details via Knoxnews.com

Pilot Flying J said Monday it has “reached an understanding with the U. S. Attorney’s office” and the U. S. Department of Justice, that the company will not be prosecuted in connection with an ongoing criminal investigation into alleged diesel fuel rebate fraud.

According to a news release, the agreement assumes the company follows the terms of an agreement, including paying a $92 million monetary penalty over the next two years and fully cooperating with the federal government’s investigation of fraudulent conduct within the company’s diesel fuel sales discount programs.

“We, as a company, look forward to putting this whole unfortunate episode behind us, continuing our efforts to rectify the damage done, regaining our customers’ trust, and getting on with our business,” CEO Jimmy Haslam said in the release. “We’ve been committed from the beginning of this to doing the right thing, and that remains our commitment.”

So, basically they admitted to committing a criminal offense, but will pay off the government to make it all go away. Haslam has been critical of Johnny Manziel partying, but basically just bribe the government for his illegal activities. By the way Haslam is worth $1.6 billion, I am not sure how he will survive now with only $1.5 billion in his piggybank.

The NFL punishes players who take plea deals, let’s see what they do to Haslam.

 

[Tailback U]

The nfl punishes players who take plea deals?

I understand he is at fault but we have a plea system for a reason and this is nothing new or shocking.

 

[ThomasTomasz]

He's part of the billionaires club, of course he isn't facing a fine from the league. Haslam has the financial resources and drive to resurrect the Browns and put a competitive team out there, so why get rid of him or even punish him? Not defending it, just stating what's going to happen.