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No federal criminal charges for Schilling, 38 Studios - Destructoid




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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]






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38 Studios

12:45 PM on 05.02.2014
That 38 Studios Rhode Island tax issue is still happening

Remember that giant hubbub about 38 Studios, mismanagement, Kingdoms of Amalur, and taxpayers having to foot the $2.4 million bill? Well it's still going on almost two years later, and it isn't getting any prettier. As o...more



10:15 AM on 12.16.2013
Kingdoms of Amalur wasn't sold at 38 Studios auction

The auction for 38 Studios assets happened, and while the Rise of Legends and Rise of Nations franchises sold for $320,000, no one made a good offer for Kingdoms of Amalur. 38 Studios founder Curt Schilling thinks that the se...more



11:00 AM on 12.13.2013
No one wanted to help Rhode Island be ostriches

Last month, Kyle called Rhode Islanders ostriches for wanting the state to simply not pay the $90 million owed to investors who purchased bonds used to fund Curt Schilling's now-defunct development house, 38 Studios (Kingdoms...more



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