Saturday, January 25

Michigan mayor charged in federal six-figure fraud investigation

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A Michigan mayor was hit with federal expenses of bribery and fraud on Thursday for allegedly collaborating in an actual property scheme that netted him lots of of 1000’s of {dollars}.

Taylor Mayor Rick Sollars’ unsealed 33-count indictment states he conspired together with his neighborhood improvement supervisor, Jeffrey Baum, and developer Shady Awad to award tax-foreclosed properties to Awad’s firm in alternate for money and different favors.

Awad is accused of offering over $30,000 in renovations to Sollars’ residence, over $11,000 in renovations to his lake home, and over $12,000 in home equipment, cabinetry, money and different valuables, in alternate for political affect.

Utilizing the Proper of First Refusal Program program, Sollars would train the town’s proper to purchase foreclosed properties from the state treasurer and appoint a developer to renovate the property in alternate for eventual possession.

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Between 2015 and 2019, Awad’s firm was awarded the “overwhelming majority” of the properties, in accordance with the indictment.

Baum would use his affect in authorities to inform metropolis officers to dismiss tickets of civil infractions in opposition to Awad’s firm, Realty Transition.

The indictment additionally claims Sollars hid over $200,000 earned from his legal actions inside his residence, in an effort to defend it from the authorities. Sollars has denied any wrongdoing.

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The federal authorities notified the courtroom of its intent to hunt a monetary forfeiture from every defendant, for any cash they obtained via unlawful means.



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