Updated
Updated · POLITICO · Aug 28
Mansfield Oil Sues KRSM Over $4 Million Fuel Sale to 29-Station Freedom Fuel Network
Updated
Updated · POLITICO · Aug 28

Mansfield Oil Sues KRSM Over $4 Million Fuel Sale to 29-Station Freedom Fuel Network

1 articles · Updated · POLITICO · Aug 28

Summary

  • $4 million in fuel from a Sunoco terminal was sold to Freedom Fuel stations without payment, Mansfield Oil alleged in an Aug. 19 federal lawsuit against KRSM in Pennsylvania.
  • More than 1 million gallons were acquired by Syed Kazmi’s company and resold cheaply because KRSM “never paid” for the fuel, the complaint said, offering a potential explanation for Freedom Fuel’s unusually low pump prices.
  • KRSM called the case an accounting dispute over misplaced invoices, while the White House said it had no dealings with KRSM or Syed Kazmi and a source familiar with Freedom Fuel denied any association.
  • Freedom Fuel, touted by Trump and claiming 29 locations, had faced questions over how it could undercut rivals; business records previously linked several stations to Shamikh Kazmi.
  • A February default judgment in another fuel-theft case against a Shamikh Kazmi company adds to scrutiny around businesses tied to the Kazmi brothers.

Insights

How did a fuel company secure one million gallons of gasoline without paying, leaving a four-million-dollar hole in the supply chain?
Will the recent federal injunction hearing finally force the opaque Freedom Fuel Network to reveal its true financial backers?
Could the unusually cheap gas prices enjoyed by consumers actually be the result of a massive corporate accounting cover-up?