Quote Originally Posted by agrahlma View Post
...if this guy is on the hook for over a million dollars owed to the city of Flint, where is he getting the money for this new endeavor? Who would give this guy credit?

This whole thing stinks to high heaven.
From the link above:
FLINT, Michigan — In one of the largest theft cases of public money local officials have ever seen, the city of Flint could be in line to land $1.3 million in restitution.
Businessmen Joseph P. Giacalone and Daniel Robin were ordered last week to pay the huge sum after pleading no contest to pocketing $1.2 million in loans for a factory they never built.
It would be a huge windfall for the cash-strapped city of Flint — if the responsible parties ever pay up. Both men have filed for bankruptcy, and it’s unclear how much the city will ever bank.

Wonder who the idiot that "financed" a guy that is: [[1) a convicted felon, [[2) owes the COF #1.3 million and [[3) just filed for personal bankruptcy. Someone should do some digging.