Wednesday, June 25, 2008

Truck owner may have used charity funds inappropriately

Co-owner in the Green Light Racing team in the Craftsman Truck Series, Gene Christensen may have inappropriately used his charity funds to fund his race team and his political career.

The Texas state attorney general�s office filed a civil suit yesterday against Christensen for using an apartment complex which he co-owns that was originally intended to be used as drug-free low rent housing charity instead was used as regular complex with full rent which meant a profit for Christensen and his partners. The details of the lawsuit says that Christensen used the money from the complex to fund his racing team and his unsuccessful bid earlier this year to gain a seat in congress and even give himself a salary of over $180,000 with benefits and a company vehicle.

Christensen will face a probate judge in Austin, Texas on July 21.

Lawsuit says Garland charity spent funds on campaign, NASCAR team [Dallas Morning News]

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