Former Newark mayor, Sharpe James was found guilty Wednesday
of charges related to fraud and conspiracy.
The ex-mayor, who is 72 years old, was accused of selling undervalued
city properties to his mistress Tamika Riley, 39, who resold them and gained
large profits. James encouraged urban renewal by offering developers land at
very low costs and he afterwards approved the sale of properties to Riley, who
was then his girlfriend. Riley paid about $46,000 for nine properties, which
she then resold for the price of more than $600,000. She was convicted of 12
counts regarding this scheme.
The two face sentences of seven or eight years in prison,
but there is the possibility that a judges gives James a much harsher penalty,
one of about 20 years, on several individual counts.
In a separate case, James is also accused of spending money
from city-issued credit cards to pay for personal expenses, including vacations
for himself and several women other than his wife in Martha’s Vineyard, Massachusetts;
Rio de Janeiro, Brazil; and the Dominican Republic. It was discovered James had
spent around $60,000 on such trips, between 2001 and 2006.
James denied any wrongdoing, arguing that he had had diplomatic
reasons in the visited countries. He said he had gone to Rio de Janeiro to meet
with the region’s consulate general, while the trip to the Dominican Republic
was to find information about the tropical gardens there and decide whether
they could be replicated in Newark.
The former mayor and his ex-mistress are both currently free
on bail.
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