Prison terms to start soon for Paul Stewart, Jeffery Beasley and Roy Dixon.
http://www.freep.com/story/news/loca...ercy/73030994/
”Ex-Detroit pension trustee
Paul Stewart is going to prison for
nearly five years for his role in a bribery and kickback scheme that cost city pensioners and police officers
$47 million in losses while the businessmen he catered to made off with
$5.2 million.”
“Stewart’s sentence came one week after a codefendant, former Detroit Treasurer
Jeffrey Beasley, was sentenced to
11 years in prison for his role in the bribery and kickback scheme. Prosecutor say Beasley's actions cost the pension funds
$97 million in losses.”
“Atlanta businessman
Roy Dixon, who prosecutors said used stolen pension funds to help build an $8-million mansion, was sentenced today to
3 1/2 years in prison for bribing former Detroit Treasurer Jeffrey Beasley with a luxury vacation and $2,000 cash in exchange for favorable treatment before the pension boards.” ….. “Those investments eventually soured and cost the pension funds
$47 million in losses while the bribers made off with
$5.2 million.”
Dixon embezzled the money with the help of
Michael Farr, a former Detroit Lions wide receiver who was never charged with a crime, prosecutors said.
When Dixon’s sentence was announced he screamed “Oh, Jesus!” and fell into a courtroom lectern.
George Stanton, the former chief of staff to ex-Detroit City Councilwoman Alberta Tinsley-Talabi, pleaded guilty to his role in the scheme in 2013 and will be charged tomorrow – Thursday.
Chauncey Mayfield conspired with Beasley to pay him bribes in exchange for new business from the pension funds. Mayfield will be sentenced Oct. 7.