Former Detroit City Treasurer Jeffrey Beasley was sentenced to eleven years in prison for taking bribes and kickbacks from businessmen who sought and received hundreds of millions of dollars from Detroit’s two pension systems, U.S. Attorney Barbara L. McQuade announced today.
McQuade was joined in the announcement by FBI Acting Special Agent in Charge John Shoup, IRS Special Agent in Charge Jarod J. Koopman, and James Vanderberg, Special Agent in Charge for the U.S. Department of Labor, Office of Inspector General, Office of Labor Racketeering and Fraud Investigations in Chicago.
During a hearing before U.S. District Judge Nancy G. Edmunds, Beasley, 46, of Chicago, was sentenced to eleven years in prison and a term of supervised release based on his four convictions by a jury for honest services fraud conspiracy, extortion, and bribery. Beasley, who was appointed by former Mayor Kwame Kilpatrick, served as Treasurer of Detroit from 2006 through…
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