Former Olympic figure skater Luka Klasinc charged with defrauding COVID relief fund

Klasinc requested the money for his ice-themed amusement park business.

June 8, 2021, 5:40 PM

A former Olympian has been charged with defrauding the Small Business Administration over a pandemic loan.

Luka Klasinc, a Slovenian figure skater, competed in the men's singles event at the 1992 Winter Olympics. He finished 26th in the short program, and did not advance to the free skate. He was the national champion for three consecutive years from 1990 to 1992.

More recently he has owned BOB77, an event management company that stages ice-themed amusement parks around the world, including Fun Park in Warsaw, Poland; Ice Fun Park in Dusseldorf, Germany; and the Winter Classic in Ljubljana, Slovenia.

Beginning last July, Klasinc's company received more than $1.5 million in Economic Injury Disaster Loans from the U.S. Small Business Administration.

When accounts that controlled the money started making suspicious wire transfers, Klasinc's bank froze the funds, according to the criminal complaint.

Stock photo of a man wearing ice skates.
STOCK PHOTO/David Madison/Getty Images

In an attempt to get the funds released, Klasinc wrote an email imploring the bank to "sincerely please, activate my account immediately," the complaint said.

The email included a letter on SBA letterhead dated Oct. 1, 2020, which purported to "verify" that the sum of $1,999,000 was payable to "Luka Klasinc of BOB77 LLC," as "payment for property investment only" and not as a "loan of any sort," the complaint said.

Federal prosecutors said they knew the letter was fake when the talked to the SBA employee whose signature appeared on it.

"Based on my conversation with the SBA Employee, I have learned that the SBA did not issue the Fraudulent SBA Letter, nor did the SBA Employee affix his signature or give his permission for his signature to be affixed to the Fraudulent SBA Letter," FBI special agent Ryan Redel wrote

Klasinc was arrested before he was able to board a scheduled flight Monday from Newark, New Jersey, to Istanbul. He made an initial appearance on Tuesday, but did not enter a plea.

He is charged with bank fraud and aggravated identity theft. The bank fraud charge could carry a maximum of 30 years in jail.