Brett Favre is currently under fire for allegedly being a part of a welfare fund embezzlement scheme in the state of Mississippi. He's now in even more trouble over two companies he backed that made false claims about the efficacy of their concussion drugs.
According to documents obtained by ESPN, the companies are also embroiled in the welfare scheme and they exaggerated their NFL connections and the known effectiveness of their drugs.
Two concussion drug companies backed by Brett Favre and involved in a welfare fraud case overstated their NFL connections and exaggerated the known effectiveness of their drugs during efforts to raise money, according to interviews and documents.
More: es.pn/3Tn7ICW
Prevacus and PresolMD are alleged to have received over $2 million in welfare funds to back their drugs. Both companies are owned by Jake VanLandingham, who faced substantial debt over the years and tried to use the drug companies to get out.
However, in an interview with ESPN, VanLandingham said he didn't know the money he was receiving was welfare money:
"I had no idea this was welfare money, and I've always been an upstanding person when it comes to research."
Favre is one of the top investors for these companies, who were working on developing a nasal spray to treat concussions and a cream that could help prevent them.
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