Friday, December 7, 2012

Feds: Businessman embezzled $3M from Detroit, Pontiac public pension funds


Detroit — A Georgia businessman was accused by federal prosecutors Friday of embezzling approximately $3 million from Detroit and Pontiac public pension funds — the latest criminal charge in a growing scandal that also has ensnared Kwame Kilpatrick's fraternity brother, ex-Detroit Treasurer Jeff Beasley.

Roy Dixon of Atlanta, Ga., was named in an indictment unsealed Friday in federal court. The indictment was not immediately available.

He is the latest person charged in a long-running FBI probe of Detroit City Hall corruption, which has led to convictions of two dozen people, including former Detroit Councilwoman Monica Conyers.

By Robert Snell
From The Detroit News:

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