A father and son who operated the Legacy Park sports complex in Mesa pleaded guilty Wednesday to securities fraud and aggravated identity theft.
The duo defrauded municipal bond investors to raise money for the project.
Randy Miller and his son Chad operated the sprawling multisport facility, which opened in 2022 near the Mesa Gateway Airport.
Their nonprofit, Legacy Cares, issued $284 million in municipal bonds through a state entity to finance the project. But the venue filed for bankruptcy in 2023, causing bondholders to lose almost all of their money.
Authorities say the Millers lied to investors and used forged documents to inflate expectations for the project.
The Millers were ordered to repay more than $12 million, and will face prison sentences of two to seven years.
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