The Harrah's suit, filed Monday, says Fattah Jr. received a line of credit at the casino/racetrack, which is in Chester. It said that in June 2011, he cashed two checks totaling $16,000, but both bounced.
In his credit application with Harrah's, Fattah Jr. said he had income of "$300K," working as a management consultant at his 259 Strategies L.L.C. consulting firm.
Shortly after the Feb. 29 FBI raids, United Bank of Philadelphia filed a suit against Fattah Jr.
Bank records show that the United loan was secured by a $450,000 consulting contract that 259 Strategies had with Delaware Valley High School, which had operated two schools for the Philadelphia School District.
Fattah Jr., known as "Chip," abruptly left Delaware Valley after FBI agents carted off boxes of documents from an office he used at its Center City office.
Fattah Sr. had backed Delaware Valley's unsuccessful attempt to secure $375,000 in federal money for student buses. The appropriation request was not funded, and the congressman has said the school received no special treatment.
He has said would make no comments about his son's financial issues because of the federal investigation.
Contact Mark Fazlollah at 215-854-5831 or firstname.lastname@example.org.