Tim Leiweke faces up to 10 years in prison and a $1 million fine if he’s convicted.
AUSTIN, Texas — A federal grand jury has indicted a major entertainment executive for allegedly rigging the bidding process to develop the Moody Center in Austin.
Timothy Leiweke, the CEO of Denver-based sports and real estate company Oak View Group, is accused of conspiring with a competitor to rig the contract for the $338 million arena that opened in 2022.
According to an indictment from the U.S. Department of Justice, in September 2017, Leiweke told colleagues he had learned another company was “bidding against [Oak View Group]”
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