As Concord Casino owner and former state Sen. Andy Sanborn awaits a decision on the fate of his state gaming license, an affidavit and emails he and his wife, state Rep. Laurie Sanborn, exchanged with financial consultants raised questions about their handling of a nearly $844,000 federal pandemic loan.
The Sanborns are under state and federal investigation for allegedly obtaining the loan under false pretenses and using the money to enrich themselves with expensive race cars and rent payments to themselves. That investigation and questions about Sanborn’s business practices led the state Lottery Commision to revoke his gaming license indefinitely. A ruling on Sanborn’s challenge to the decision is expected in the coming days.
Sanborn argues the state’s investigation was “sloppy” and has blamed others for giving him bad advice on the loan application.