CONCORD – Former Republican state Senator Andy Sanborn has been charged federally with one count of Theft of Government Funds, according to a press release from U.S. Attorney Erin Creegan on Tuesday May 26, which didn’t mention that Sanborn and her office had already signed a plea agreement within the last week.
In the press release, Creegan, who lauded President Trump and Vice President JB Vance for the task force to eliminate fraud, said Sanborn could face up to 10 years in prison for misusing over $250,000 of CARES Act funds, including buying a 2006 Porsche Cayman.
In Sanborn’s plea agreement first reported by NHPR Tuesday and available on the U.S. District Court in Concord’s website, Creegan’s office agreed to a sentence of one year and one day and fine of $250,000. The plea agreement is public on the U.S. District Court website here: https://indepthnh.org/wp-content/uploads/2026/05/sanbronplead.pdf
When asked for Sanborn’s plea agreement after Creegan issued the news of Sanborn’s federal criminal charges on Tuesday, her media office responded: “Sanborn’s plea information is not currently available to the public as he has not yet pled.”
Shortly after 5 p.m. the media office emailed InDepthNH.org: “Until the Court approves the plea agreement and the defendant has pled guilty, the terms of the agreement are not guaranteed and cannot be presented by our office as such.”
Sanborn owned and operated Win Win Win, known as Concord Casino until it was shut down by the state, according to court documents. Sanborn is facing similar criminal charges filed previously by state Attorney General John Formella.
The state and the federal charges are different, but relate to different COVID loan programs.
The State charges have remained the same. Both Sanborn and Win, Win, Win are charged with 1 count of Theft by Unauthorized Taking or Transfer and 1 count of Theft by Deception. The state charges against Sanborn and Win, Win, Win, LLC are currently pending, with a trial date set for Feb. 3, 2027.
According to Creegan’s press release: “Sanborn applied for and obtained $844,000 in Economic Injury Disaster Loan funding from the Small Business Administration. In applying for the loans, Sanborn certified that he would use the loan proceeds solely as working capital for Win Win Win.
“However, Sanborn misused $255,232.72 of the funds on personal expenditures. For example, on January 18, 2022, Sanborn used $48,750 of EIDL funds to purchase a 2006 Porsche Cayman. This action is part of the Trump Administration’s Task Force to Eliminate Fraud.
“The charge of Theft of Government Funds carries a sentence of up to 10 years in prison and a fine of up to $250,000 or twice the gross gain or loss, whichever is greater,” Creegan’s release said.
The FBI, IRS Criminal Investigations, and U.S. Postal Inspection Service are leading the federal investigation. Assistant U.S. Attorney Alexander S. Chen is prosecuting the case, the release said. Chen signed Sanborn’s plea agreement on May 22.
Creegan’s release on Sanborn’s charges said: “On April 7, the Department of Justice announced the creation of the National Fraud Enforcement Division (‘Fraud Division’). The Fraud Division is laser-focused on investigating and prosecuting those who commit fraud against the American people. The Department’s work to combat fraud supports President Trump’s Task Force to Eliminate Fraud, a whole-of-government effort chaired by Vice President J.D. Vance to eliminate fraud, waste, and abuse within Federal benefit programs.”
The following is the full press release issued by US Attorney for New Hampshire Erin Creegan:
“@USAO_NH
Casino Owner Andy Sanborn Charged with Misusing Over $250,000 of CARES Act Funds
CONCORD – Anthony Sanborn, a/k/a Andy Sanborn, has been charged by information with one count of Theft of Government Funds, U.S. Attorney Erin Creegan announces. A plea hearing will be scheduled by a federal district court judge.
According to court documents, Sanborn owned and operated Win Win Win, a company that did business as Concord Casino. Sanborn applied for and obtained $844,000 in Economic Injury Disaster Loan funding from the Small Business Administration. In applying for the loans, Sanborn certified that he would use the loan proceeds solely as working capital for Win Win Win. However, Sanborn misused $255,232.72 of the funds on personal expenditures. For example, on January 18, 2022, Sanborn used $48,750 of EIDL funds to purchase a 2006 Porsche Cayman. This action is part of the Trump Administration’s Task Force to Eliminate Fraud.
The charge of Theft of Government Funds carries a sentence of up to 10 years in prison and a fine of up to $250,000 or twice the gross gain or loss, whichever is greater. Sentences are imposed by a federal district court judge based upon the U.S. Sentencing Guidelines and statutes which govern the determination of a sentence in a criminal case.
The details contained in the charging documents are allegations. The defendant is presumed innocent unless and until proven guilty beyond a reasonable doubt in a court of law.
The FBI, IRS Criminal Investigations, and U.S. Postal Inspection Service are leading the investigation. Assistant U.S. Attorney Alexander S. Chen is prosecuting the case.
On April 7, the Department of Justice announced the creation of the National Fraud Enforcement Division (‘Fraud Division’). The Fraud Division is laser-focused on investigating and prosecuting those who commit fraud against the American people. The Department’s work to combat fraud supports President Trump’s Task Force to Eliminate Fraud, a whole-of-government effort chaired by Vice President J.D. Vance to eliminate fraud, waste, and abuse within Federal benefit programs.”