Dan Snyder Is Under Investigation , Over Line of Credit Taken Out by Commanders.<br />According to ESPN's Don Van Natta Jr., federal prosecutors have made a "secret" $55 million loan the "primary focus" of their investigation.<br />According to ESPN's Don Van Natta Jr., federal prosecutors have made a "secret" $55 million loan the "primary focus" of their investigation.<br />FBI and IRS agents are involved <br />in the criminal inquiry.<br />FBI and IRS agents are involved <br />in the criminal inquiry.<br />The loan was reportedly included in the team's <br />April 2020 financial report as a footnote. .<br />The note revealed a $55 million credit line <br />the team had taken out 16 months earlier without the knowledge and required approval of Snyder's minority partners—the three billionaires who owned 40 percent of the franchise, according to documents <br />obtained by ESPN. , Van Natta, via Bleacher Report.<br />Snyder's former partners, Fred Smith, Dwight Schar and Robert Rothman, reportedly "demanded" that the NFL should look into where Snyder got the loan.<br />Smith, Schar and Rothman claim Snyder treated <br />the Commanders as his "personal piggy bank.".<br />The former minority owners were bought out when the NFL approved Snyder's bid to acquire their 40.5% stake for $875 million. .<br />A source told Van Natta that the league <br />"had no interest in finding out what happened.".<br />Neither the NFL's arbitrator nor <br />Roger Goodell looked into the matter.<br />Neither the NFL's arbitrator nor <br />Roger Goodell looked into the matter.<br />The U.S. House Committee on Oversight also recently found Snyder had perpetuated "sexual harassment, bullying and other toxic conduct" within the organization.<br />The U.S. House Committee on Oversight also recently found Snyder had perpetuated "sexual harassment, bullying and other toxic conduct" within the organization
