Ohio newspaper says Blum loaned money to bankrupt NHL player

DUBUQUE - The Columbus Dispatch reports a player for the National Hockey League's Columbus Blue Jackets is bankrupt, and there's a connection to Iowa Congressman-elect Rod Blum.

The paper states Jack Johnson was forced to file for bankruptcy, after he granted his mother full control of his finances.

The article cites court documents that show his parents then started to spend Johnson's money, taking out many high risk loans at high interest rates. That includes a $2 million loan through businessman Rod Blum, which came with a 12 percent interest rate.

Blum then sued Johnson because his name was on the loan, and it wasn't paid. They eventually settled.

KCRG-TV9 contacted Blum's campaign for comment.

In a statement, they said 'Obviously this is a difficult time for the Johnson family, and out of respect for their privacy Mr. Blum will not be discussing their private financial situation as the legal process takes its course.”

The complete Columbus Dispatch article is here.