Judge Freezes $2.75 Million in Mansfield Oil's $4 Million Freedom Fuel Payment Dispute
Updated
Updated · CNBC · Aug 29
Judge Freezes $2.75 Million in Mansfield Oil's $4 Million Freedom Fuel Payment Dispute
2 articles · Updated · CNBC · Aug 29
Summary
An Aug. 28 federal order requires Syed Kazmi and KRSM to keep at least $2.75 million in a bank account while Mansfield Oil pursues claims over unpaid fuel invoices.
Mansfield alleges KRSM took more than 1.1 million gallons from a Pennsylvania terminal between May and July, then failed to pay roughly $4 million billed in July.
The suit says some of that fuel was resold to Trump-promoted Freedom Fuel stations, arguing the unpaid supply helped support July's $3.47-a-gallon promotion at 25 Pennsylvania and New Jersey sites.
KRSM's lawyer called the case an accounting dispute over mispriced invoices, while the White House said the administration had no contact or dealings with the defendants.
Freedom Fuel is not named as a defendant, and the complaint does not say how much of the disputed fuel reached its stations or define any formal tie to KRSM.