The United States attorney office in Virginia has opened a criminal investigation into allegations that the Washington Commanders engaged in financial improprieties, according to a report from ESPN’s Don Van Natta Jr.
According to the report, prosecutors are primarily focused on several key areas and that the inquiry came after a letter the House Committee on Oversight and Reform sent to the Federal Trade Commission and several attorney generals last April that alleged the Commanders and it’s team owner Dan Snyder were involved in “deceptive business practices.”
The news comes on the same day, Dan and Tanya Sander announced that they have hired Bank of America Securities to explore potential transactions involving the team. It remains unclear what the transactions might be, whether it is the sale of the team or are they pursuing minority partners.
