Herschel Walker claims to own companies that don't exist

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Excerpt Roger Sollenberger thedailybeast.com

Those claims include running the largest minority-owned food company in the United States; owning multiple chicken plants in another state; and starting and owning an upholstery business which was also, apparently, at one point in his telling, the country’s largest minority-owned apparel company.

While the chasm between Walker’s vision and reality often appears staggering—and applies not just to business but to multiple dimensions of his personal life as well—he might be playing fast and loose with the concept of “ownership.” But it’s unclear whether he transposed this fanciful structure onto his candidate financial disclosure, which claims a net worth of between $29 million and $65 million, and which, according to a Georgia Public Broadcasting report, merits further scrutiny.

The claims about the upholstery business appear particularly divorced from the truth, as that business, as Walker describes it, doesn’t appear to exist.

According to a review of business records, that company—either Renaissance Manufacturing or Renaissance Hospitality, depending on the telling (though both are now dissolved)—was not his in any common sense of ownership; it was part of a business arrangement with the true owner.

Continue Reading at Roger Sollenberger

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