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Freedom Fuel owner didn’t pay for nearly $4 million in gas: Lawsuit
NBC10 Philadelphia • • business
Key Points:
- Mansfield Oil Company has sued KRSM, Inc., owner of several Freedom Fuel Network gas stations, for nearly $4 million in unpaid fuel purchases made between May and July 2023, according to a lawsuit filed in the U.S. District Court of the Eastern District of Pennsylvania.
- KRSM's president, Syed Kazmi, was named as a co-defendant; a preliminary injunction requires KRSM to keep at least $2.75 million in a bank account during the legal proceedings.
- Syed Kazmi and his brother Shamikh were previously ordered to pay over $600,000 for unlawfully taking more than 230,000 gallons of fuel from a supplier in 2021, highlighting a history of legal troubles related to fuel theft.
- Freedom Fuel Network, promoted by former President Donald Trump for its low gas prices and support of the president, has experienced rapid sales growth, but its ownership is linked to the Kazmi brothers through a complex LLC structure.
- Despite the legal challenges, Freedom Fuel Network claims on its website that it responded to President Trump's call to lower gas prices and has seen over 50% average sales increases at its locations.
