Former Missouri House Speaker John Diehl was sentenced to 21 months in federal prison Monday after pleading guilty last year to misusing federal loans meant to Former Missouri House Speaker John Diehl was sentenced to 21 months in federal prison Monday after pleading guilty last year to misusing federal loans meant to

Ex-GOP Speaker gets prison for blowing COVID money on luxury cars and country club

2026/03/10 08:36
2 min read
For feedback or concerns regarding this content, please contact us at crypto.news@mexc.com

Former Missouri House Speaker John Diehl was sentenced to 21 months in federal prison Monday after pleading guilty last year to misusing federal loans meant to help businesses withstand the COVID-19 pandemic.

Diehl, a St. Louis-area attorney, admitted defrauding the U.S. Small Business Administration out of $379,900 through an Economic Injury Disaster Loan and a later loan modification obtained through false representations.

His attorneys asked the court last month for a non-custodial sentence, arguing in part that he repaid the money. Prosecutors pushed back on that argument, saying repayment should not be treated as an “extraordinary” basis for leniency because Diehl is a “man of great and substantial means.”

Prosecutors say he used the funds for personal expenses, including payments on a Tesla, Audi and Jeep, mortgage payments, pool maintenance, additional country club charges and cash withdrawals. The filing also says he used about $200,000 of the loan money to fund a defined benefit plan for his law firm in which he was the sole participant.

Diehl also allegedly used some of the funds to pay off “a civil settlement related to his time as Speaker of the Missouri House of Representatives.” Prosecutors did not specify the nature of that settlement or whether it is connected to the scandal that forced him from office in 2015, which involved sending sexually inappropriate text messages to a 19-year-old House intern.

Diehl will be allowed to report to prison at a later date.

Missouri Independent is part of States Newsroom, a nonprofit news network supported by grants and a coalition of donors as a 501c(3) public charity. Missouri Independent maintains editorial independence. Contact Editor Jason Hancock for questions: info@missouriindependent.com.

Market Opportunity
Housecoin Logo
Housecoin Price(HOUSE)
$0.001724
$0.001724$0.001724
+8.57%
USD
Housecoin (HOUSE) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact crypto.news@mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.
Tags:

You May Also Like

RWAs Will Run on Two Blockchain Rails, Says Redstone Co-Founder

RWAs Will Run on Two Blockchain Rails, Says Redstone Co-Founder

The post RWAs Will Run on Two Blockchain Rails, Says Redstone Co-Founder appeared on BitcoinEthereumNews.com. Institutional adoption of real-world assets (RWAs)
Share
BitcoinEthereumNews2026/03/10 12:01
Edges higher ahead of BoC-Fed policy outcome

Edges higher ahead of BoC-Fed policy outcome

The post Edges higher ahead of BoC-Fed policy outcome appeared on BitcoinEthereumNews.com. USD/CAD gains marginally to near 1.3760 ahead of monetary policy announcements by the Fed and the BoC. Both the Fed and the BoC are expected to lower interest rates. USD/CAD forms a Head and Shoulder chart pattern. The USD/CAD pair ticks up to near 1.3760 during the late European session on Wednesday. The Loonie pair gains marginally ahead of monetary policy outcomes by the Bank of Canada (BoC) and the Federal Reserve (Fed) during New York trading hours. Both the BoC and the Fed are expected to cut interest rates amid mounting labor market conditions in their respective economies. Inflationary pressures in the Canadian economy have cooled down, emerging as another reason behind the BoC’s dovish expectations. However, the Fed is expected to start the monetary-easing campaign despite the United States (US) inflation remaining higher. Investors will closely monitor press conferences from both Fed Chair Jerome Powell and BoC Governor Tiff Macklem to get cues about whether there will be more interest rate cuts in the remainder of the year. According to analysts from Barclays, the Fed’s latest median projections for interest rates are likely to call for three interest rate cuts by 2025. Ahead of the Fed’s monetary policy, the US Dollar Index (DXY), which tracks the Greenback’s value against six major currencies, holds onto Tuesday’s losses near 96.60. USD/CAD forms a Head and Shoulder chart pattern, which indicates a bearish reversal. The neckline of the above-mentioned chart pattern is plotted near 1.3715. The near-term trend of the pair remains bearish as it stays below the 20-day Exponential Moving Average (EMA), which trades around 1.3800. The 14-day Relative Strength Index (RSI) slides to near 40.00. A fresh bearish momentum would emerge if the RSI falls below that level. Going forward, the asset could slide towards the round level of…
Share
BitcoinEthereumNews2025/09/18 01:23
Pi Network Accelerates: The Rapid Growth of the Pi Coin Ecosystem Could Transform Global Digital Transactions

Pi Network Accelerates: The Rapid Growth of the Pi Coin Ecosystem Could Transform Global Digital Transactions

    Pi Network Accelerates: The Rapid Growth of the Pi Coin Ecosystem Could Transform Global Digital Transactions
Share
Hokanews2026/03/10 12:06