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Dan Snyder reportedly used Commanders like 'personal piggy bank,' accused of fraud over $55M secret loan

If you can believe it, Washington Commanders owner Dan Snyder has been accused of doing more illegal things, like taking out secret loans and using the team as his "personal piggy bank."

ESPN's Don Van Natta Jr. reported Tuesday that three (now former) Commanders minority owners accused Snyder of fraud and misusing company funds after he took out a $55 million loan in 2020 without telling them about it. Commissioner Roger Goodell then allegedly refused to investigate the fraud and misuse of funds when the partners pointed them out in an arbitration petition.

This questionable loan is now at the center of federal prosecutors' probe into the Commanders' financials, according to Van Natta.