Federal authorities announced Tuesday that casino owner and former state Senator Andy Sanborn has agreed to plead guilty to misusing more than $250,000 in federal pandemic aid intended for his business. Sanborn used some of the money to buy a Porsche, according to the U.S. Attorney’s office.
Sanborn, whose Concord Casino was shuttered by the state for the same alleged fraud in 2023, faces up to 10 years in prison. But federal prosecutors will recommend he serve one year and one day, according to the plea agreement.
Sanborn could also be fined up to $250,000 and forced to pay restitution. The plea agreement absolves Sanborn’s wife, former House member Laurie Sanborn, of any potential criminal liability.
