$21 million in SC tax money used on failed Panthers site not a crime, SC prosecutor says

The David Tepper-owned company that developed the failed Carolina Panthers headquarters in Rock Hill has been cleared of any criminal wrongdoing after no criminal intent was found in the use of $21 million in pubic money , the S.C. Attorney General’s office said.

York County sent GT Real Estate — David Tepper’s company that was developing the site — road tax money for work on the Mount Gallant roadway close to Interstate 77. That was before the project collapsed into bankruptcy in 2022.

South Carolina prosecutors now say an agreement’s wording allowed intermingling of the $21 million for project use, according to a Sept. 16 letter sent by the S.C. Attorney General’s Office to the State Law Enforcement Division that conducted the probe…

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