The case of 38 Studios is finally coming to a close as the Rhode Island state attorney general Peter Kilmartin has declined to press charges against Curt Schilling and members of the state economic development board. According to an eight page report filed by the attorney general, there is not sufficient evidence to secure a conviction. While the decision means that no charges will be levied at this time, it does not interfere with the ongoing Securities and Exchange Commission charges levied against the state, nor does it prevent a later case being picked up should new evidence come to light.
Curt Schilling called the investigation a “fake ass witch hunt”
@PerryRussom could have saved 10s of millions more by telling you that 5 years ago. Disgusted to see officers sent on fake ass witch hunt
— Curt Schilling (@gehrig38) July 29, 2016
Former Red Sox pitcher Curt Schilling been the center of attention since the collapse of his game developer 38 Studios in 2012 and the ensuing investigation over a $75 million loan backed by the state of Rhode Island. The loan is being investigated over allegations that the parties involved knew that it would not be sufficient to complete work on Project Copernicus (the Kingdoms of Amalur MMO). The Rhode Island Economic Development Corp as well as Wells Fargo have been charged with fraud in relation to the loan.
(Source: Game Informer)