Wash. tribe said unaware of risky financial backers
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THURSDAY, MAY 15, 2003

The executive director of the Stillaguamish Tribe of Washington said the tribe was unaware that the backers of a tribal-casino related loan were recently indicted by a federal grand jury.

Five labor union officials from the Michigan Regional Council of Carpenters were indicted in Michigan on several charges. The union is affiliated with the Carpenters' Pension Trust Fund, which was to loan $36 million to a third-party company to get the casino off the ground.

Get the Story:
Union linked to casino bid had 5 officials indicted (The Seattle Times 5/15)

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