MADISON, Wis. (AP) -

The owner of a foster care company accused of misusing $6.1 million in taxpayer dollars built his operation from the ground up.

The Wisconsin State Journal reports Dan Simon began Community Care Resources 23 years ago. He built the company into the largest for-profit foster care placement agency in the state, licensing foster parents and contracting with counties to place children in their homes. The newspaper reports the company generates about $6 million in annual revenue.

The state Department of Children and Families has revoked CCR's license. The agency alleges CCR misused tax dollars to inflate salaries, purchase luxury cars and personal travel. Simon has denied the allegations.