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Demon mayor arrested for using $250k from investors for personal gains

gjbankos

Well-Known Member
Jan 16, 2006
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A Democratic mayor from Massachusetts, who was first elected at age 23, was arrested Thursday after a federal probe found that he allegedly stole nearly $250,000 from investors to fund his lavish lifestyle and pay down his student debts.

Mayor of Fall River Jasiel Correia, now 26, was arrested after allegedly stealing $231,447 from investors – money that was supposed to develop an app which connected businesses with target consumers.

The app, SnowOwl, received $360,000 from investors but federal authorities say that most of that money was spent by Correia.

He allegedly spent tens of thousands of dollars on designer clothing, a Mercedes-Benz and jewelry for an ex-girlfriend. He also used the money for personal travel, adult entertainment and campaign funds, and even paid down his student debt.

https://www.foxnews.com/politics/yo...nvestor-funds-for-personal-gain-officials-say
 
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