Developer Accused of Misusing Project Funds | Indianapolis News

A major developer, James Andy Card, is under federal investigation after allegedly diverting $2.2 million from the Mishawaka Fieldhouse project to buy a $6.6 million Florida home. The FBI raided his Indiana residence and office as U.S. authorities moved to seize the property. The city of Mishawaka calls itself a victim if true, vowing to recover misused funds. Card, not yet charged, says he hopes to be cleared and has stepped back from overseeing development. The city remains silent on details as the legal process unfolds. Listen in comfort:Get a discount on a Soli Pillow: http://solipillow.com/discount/dnn. Advertise on DNN:[email protected] This is an automated, high-level news summary based on public reporting.Report issues to [email protected]. View sources & latest updates:https://sources.thednn.ai/a755f19774049a09