Economics

Schilling’s 38 Studios Pitch Leads to Fraud Lawsuit: Muni Credit

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Curt Schilling, the former baseball All-Star, struck up a conversation at a March 2010 fundraiser that would sow the seeds of financial ruin and has led to claims of a $75 million fraud.

During the event to benefit veterans at the ex-Boston Red Sox pitcher’s suburban Boston mansion, Schilling chatted with Donald Carcieri, a Republican in his final year as Rhode Island’s governor. Schilling offered to move his 38 Studios LLC video-game startup to Providence in exchange for taxpayer help, according to a state lawsuit filed Nov. 1 in the capital city.