Details of a federal complaint against an array of companies affiliated with Hawaiian Native Corp. (HNC) and under the control of polo-playing entrepreneur Chris Dawson have emerged: The feds say about $17 million was embezzled, and used to pay for polo, homes in Hawaii and Florida, and other personal spending by Dawson, who killed himself on Dec. 19.
The complaint details more than $893 million paid in federal contracts to HNC-related companies under a program meant to help “disadvantaged” businesses. The successor operators of HNC say they are seeking to “recover and liquidate” assets believed to have been obtained by Dawson with the stolen funds.

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