"[1][2] In 1988, state and federal authorities began looking into allegations that prominent citizens of Nebraska, as well as high-level U.S. politicians, were involved in a child prostitution ring.
Numerous conspiracy theories spread after the committee was announced, claiming that the alleged abuse was part of a widespread series of crimes including devil worship, cannibalism, drug trafficking, and CIA arms dealing.
Foul play was suspected by Caradori's brother and state Senator Loran Schmit, but was not proven by investigators.
The Nebraska State Foster Care Review Board submitted the results of a two-year investigation into the alleged physical and sexual abuse of foster children to the executive board of the Nebraska Legislature, who were investigating reports of child sexual abuse linked to the credit union.
[10] The same federal grand jury later indicted King and multiple officers of the credit union with embezzlement of funds.