– News covered by Quincy Quarry News with commentary added.

 

| quincy news

One can see why he had to pay for “adult entertainment”
Image via CBS Boston

Fall River Mayor Jasiel Correia II arrested on federal felony charges.

 

‘‘His actions were underhanded, shameless and greedy,’’ FBI agent Hank Shaw said.

 

Mayor Correira, who was first elected at age 23, was arrested and charged on Thursday with using investments in a company he formed as his ‘‘own personal ATM’’ to enjoy casinos and adult entertainment, buy a Mercedes Benz, and pay down his student loan debt.

 

| quincy news

Never bring an ATM card to a fight with the feds
A Desilu Productions image

Correia collected more than $360,000 from investors to develop an app that was supposed to help businesses connect with consumers.

 

Instead, he allegedly spent more than $230,000 of the investors’ funds to bankroll a lavish lifestyle and advance his political career, officials say.

 

Correia pleaded not guilty as well as announced he will not be stepping down as mayor.

 

WATCH LIVE

Fall River Mayor Jasiel Correia addressing accusations that he defrauded investors to live a lavish lifestyle.

Posted by Boston 25 News on Thursday, October 11, 2018

Source: Fall River Mayor Jasiel Correia was arrested and is facing federal charges

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