FEMA Pays to Fix Olympic Con Man’s Vacation Home That Wasn’t Worth Fixing
10th January 2017
Taxpayers are spending $326,000 fixing the waterfront vacation home of a serial financial criminal and former Olympic gold medalist, which is nearly as much as the house was worth.
The boondoggle last year came courtesy of the Federal Emergency Management Agency (FEMA) because Steven Riddick bought a home in Virginia too close to the water, leading to flooding, highlighting the agency’s often wasteful and inconsistent assistance programs.