– News covered by Quincy Quarry News with commentary added.
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.
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.
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
Turtleboy has excerpts from the indictment. The feds were meticulous and this kid is going down. He could resign and turn himself in when the time comes. Instead he is digging his heels in and will now likely give us the pleasure of witnessing a perp walk.
Why do voters tolerate this? There was a Lawrence Mayor who was far more corrupt and yet local voters tolerated it. The Mayor of Attleboro is prone to some very odd fantasies that he can’t quite distinguish from reality yet the voters indulge his fantasies and vote for him.