Mishawaka Fieldhouse developer responds as federal prosecutors move to seize Florida home
Andrew Card of Card and Associates responds to federal prosecutors seeking to seize a Florida home allegedly bought with diverted project funds.Summary
Andrew Card, owner of Card and Associates, has issued a statement following federal prosecutors' efforts to seize a Florida waterfront home. Prosecutors allege the property was purchased using funds diverted from the Mishawaka Fieldhouse project through wire fraud involving Card and his wife, Martha.
In his response, Card stated that his family's well-being is his priority and announced he is temporarily relinquishing control of the development division at Card and Associates, while continuing to manage operations for current facilities as CEO. He expressed hope for full vindication to protect his professional reputation.
The Mishawaka Fieldhouse project, which opened in 2024, cost over $38 million, with significant funding provided by the city of Mishawaka. The city has stated it was unaware of any fraudulent activity or unauthorized diversion of funds related to the project.
(Source：Wndu)