- Posted December 10, 2014
- Tweet This | Share on Facebook
Former Detroit treasurer convicted in fraud case
DETROIT (AP) - A former Detroit treasurer and two pension officials who served under ex-Mayor Kwame Kilpatrick have been found guilty of conspiracy to commit fraud.
The three officials were convicted Monday in a case alleging they accepted bribes and kickbacks in corrupt deals that cost the city's troubled pension funds about $97 million in losses.
Former Treasurer Jeffrey Beasley was convicted of conspiracy, two counts of extortion and bribery. He faces up to 20 years in prison for conspiracy, 20 years for extortion and 10 years for bribery. He was acquitted on three extortion counts.
Former pension fund lawyer Ronald Zajac and former Police and Fire Retirement System Trustee Paul Stewart were also convicted of conspiracy.
Kilpatrick is serving a 28-year prison sentence after a federal jury convicted him last March of several crimes.
Published: Wed, Dec 10, 2014
headlines Oakland County
- Youth Law Conference
- Marijuana wholesale tax cleared for implementation by Court of Claims
- Scam alerts focus of Holiday Consumer Protection Campaign
- Nessel secures court victory for wind energy permitting
- Whitmer signs bipartisan bills to lower costs for Michigan National Guard members and their families
headlines National
- The business of successfully running an in-house department
- ACLU and BigLaw firm use ‘Orange is the New Black’ in hashtag effort to promote NY jail reform
- Justice Gorsuch writes children’s book about ‘Heroes of 1776’
- Companies use ‘deceitful tactics’ to market harmful ultra-processed products with ‘addictive nature,’ city’s suit alleges
- Lawyer accused of trying to poison her husband
- ‘Lawyers Gone Wild’? Filmmaker criticizes bar as he seeks ethics probe of serial killer’s daughter for alleged lie
