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Feds say 'greedy' young Massachusetts mayor stole from investors

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Feds say 'greedy' young Massachusetts mayor stole from investors

BOSTON — A Massachusetts mayor who was first elected at age 23 was charged Thursday with using investments in a company he formed as his "own personal ATM" to enjoy casinos and adult entertainment, buy a Mercedes, and pay down student loan debt.

Jasiel Correia, the mayor of Fall River, collected more than $360,000 from investors to develop an app that was supposed to help businesses connect with target consumers, federal authorities say. Instead, he spent more than $230,000 of the investor funds to bankroll a lavish lifestyle and advance his political career, officials say.

"His actions were underhanded, shameless and greedy," said FBI agent Hank Shaw. "Mr. Correia blurred the lines between public business and private duties, using investor funds as his own personal ATM, systemically looting almost a quarter-million dollars."

Now 26, the Democrat was elected as a city councilor in 2013 and after one term was elected mayor in 2015, the youngest mayor in the history of the old mill city of about 85,000 people and the first of Cape Verdean descent. The U.S. Conference of Mayors said at the time he was the youngest mayor to run a city as large as Fall River. He won re-election handily in November.


I like how they point out he is a greedy, young Democrat only at the end of the article. He even seems ready to run for President someday, and no doubt would get millions of greedy votes.

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Speaking of greedy...

Philly Mom Known For ‘Epic’ $25,000 Prom Party Charged With Social Security Fraud


If convicted, she faces a maximum sentence of 140 years in jail, a period of supervised release, full restitution to the government of $36,785.67, a fine, and a special assessment.

Doubt at age 184 she'll need much supervision. :D



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