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Nixon plumber tied to loan probe and lavish lifestyle
Federal investigators examine whether up to 1 million in SBA loans to Feyca Investment Co. were diverted to personal use by Felipe De Diego, a former Nixon White House plumbers member. De Diego received 1.5 million from SBA since 1979 for loans and investments in minority businesses, with 1980 to 1982 spending allegedly covering travel, cars, a yacht, and improper loans.
MENTIONED IN THIS ARTICLE
Washington
Nixon White House “Plumbers
Felipe de Diego
Feyca
Vestment Co
Coral Gables
Small Business Administration
SBA
de Diego