Quantcast
No federal criminal charges for Schilling, 38 Studios - Destructoid

DestructoidJapanatorTomopopFlixist



No federal criminal charges for Schilling, 38 Studios


5:00 AM on 10.01.2012
No federal criminal charges for Schilling, 38 Studios  photo



Earlier this summer news broke that the Rhode Island U.S. Attorney and FBI would be launching a criminal investigation into the finances of defunct Kingdoms of Amalur: Reckoning developer 38 Studios. On Friday, a spokesman for U.S. Attorney Peter Neronha, told The Associated Press that their office looked into the possibility of bank fraud or violation of federal law, but "no further federal action is planned at this time." 

That doesn't mean former Red Sox pitcher Curt Schilling and his company are entirely out of the woods, however. Col. Steven O'Donnell, head of the Rhode Island State Police, said the matter is still being investigated on the state level and his office would still pursue any and all leads. 

Prior to closing up shop and laying off its entire staff, 38 Studios spent more than $133 million. The developer's bankruptcy filing leaves the taxpayers of Rhode Island on the hook for that sum, which has prompted the state Economic Development Corp. to investigate if they have a cause of action against another party to recover financially from the deal. 

38 Studios, Curt Schilling's Video Game Company, Will Not Face Federal Charges [Huffington Post]






Comments not appearing? Anti-virus apps like Avast or some browser extensions can cause this.
Easy fix: Add   [*].disqus.com   to your software's white list. Tada! Happy comments time again.

Did you know? You can now get daily or weekly email notifications when humans reply to your comments.






38 Studios

10:00 AM on 11.30.2013
Curt Schilling: Amalur IP is a 'billion dollar' franchise

There's no denying that Kingdoms of Amalur: Reckoning, was a solid action-RPG. It didn't break the mold by any means, but it was bright, colorful, and served up a satisfying blend of action and loot hoarding. And while I enjo...more



1:30 PM on 11.21.2013
Poll: Half of voters want to default on 38 Studios loan

A majority of Rhode Islanders are in favor of becoming ostriches, burying their heads in the sand, and pretending the debt incurred from the state's ill-fated loan to Kingdoms of Amalur developer 38 Studios no longer exists, ...more



10:30 AM on 11.15.2013
Finished Rise of Nations game found in 38 Studios assets

38 Studios went bankrupt, and now all of its goodies will be sold at an upcoming auction. One of the properties to be auctioned off is Rise of Nations: Tactics, a Mac game that is fully finished. A company hired to assist wit...more



View all 38 Studios






Back to Top




All content is yours to recycle through our Creative Commons License permitting non-commercial sharing requiring attribution. Our communities are obsessed with videoGames, movies, anime, and toys.

Living the dream since March 16, 2006

Advertising on destructoid is available: Please contact them to learn more