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$80 million in fabricated ‘management fees’ unsupported by formalized agreements and documented only through a one-line invoice, as well as millions of dollars in interest on intercompany loans. These ‘management fees’ and interest payments have been used to finance Gerald and Maureen’s flagrantly wasteful spending, including: (i) a salary to Gerald exceeding $40 million over the past several years [2015-2019]; (ii) a salary to Maureen (who performs no work  for the Companies) in amounts approaching $3 million; (iii) Gerald and Maureen’s purchases of tens of millions of dollars’ worth of expensive artwork, furniture, automobiles, real estate, and women’s jewelry for their own exclusive use; and

District of columbiaUnited statesNew glarusRiver hillsBeech woodNew berlinJohn sheehanWikimedia commonsGerald sheehanGeorgel cushingQuinn emanuelTim sheehanLuigi cortelliDonato cortelliTimothy sheehan timSheehan family companies