Contact Us

RI Authorities Drop Criminal Investigation Into 38 Studios

38 Studios
Wade Roush, flickr
Authorities in Rhode Island have decided to drop an investigation into possible criminal wrongdoing regarding the dissolving of video-game company 38 Studios.  U.S. Attorney officials say a review of possible violations regarding the company backed by former Major League Baseball pitcher Curt Schilling has turned up no criminal acts.  State and federal authorities began an investigation earlier this year after it was reported that Bank Rhode Island had loaned 38 Studios eight-point-five-million dollars to try and keep the company afloat.  The Rhode Island Economic Development Corporation gave 38 Studios a 75-million dollar loan to lure Schilling’s company to the state in 2010, but 38 Studios went bankrupt earlier this year after missing loan payments and payroll. (Metro Network)

More From WBSM

Best of the Web

Leave a Comment

It appears that you already have an account created within our VIP network of sites on . To keep your points and personal information safe, we need to verify that it's really you. To activate your account, please confirm your password. When you have confirmed your password, you will be able to log in through Facebook on both sites.

Forgot your password?

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

It appears that you already have an account on this site associated with . To connect your existing account with your Facebook account, just click on the account activation button below. You will maintain your existing profile and VIP program points. After you do this, you will be able to always log in to http://wbsm.com using your Facebook account.

*Please note that your points, prizes and activities will not be shared between programs within our VIP network.

Please fill out the information below to help us provide you a better experience.

Register on WBSM - New Bedford's Local Source For News, Talk, and Sports! quickly by logging in with your Facebook account. It's just as secure, and no password to remember!

Not a Member? Sign Up Here.

Register on WBSM - New Bedford's Local Source For News, Talk, and Sports! quickly by logging in with your Facebook account. It's just as secure, and no password to remember!