Thursday, July 12, 2007

Former Newark Mayor Sharpe James Indicted

I went to school in Newark for three years, and this is truly heartening news from the Star Ledger:

The 86-page indictment said James, 71, arranged for the city to sell municipal real estate at a steep discount to a Newark businesswoman, Tamika Riley, then secretly shared in the profits when Riley sold the parcels to developers.

Prosecutors also accused James of using city-issued credit cards to pay for lavish trips he took with eight women, including Riley, to places including Martha's Vineyard, Rio de Janeiro, the Dominican Republic and Puerto Rico. The credit card charges - hundreds between 2001 and 2006 totaling more than $58,000 - covered hotel rooms and luxury suites, meals and fine dining, airfare, car rentals, tickets to sporting events and other expenses, prosecutors said.
Check out the picture of the young entrepreneur that James was funneling cash to, and taking purely professional trips with.

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